New Zealand’s U-Turn on Smoking Ban Sparks Backlash
In a surprise move, New Zealand has reversed its first-of-its-kind smoking ban, sparking backlash from public health officials. Learn more.
Taxes
Video Tips: Take Actions to Avoid Getting a Surprise Tax Bill Next Year
It’s time to review your 2023 tax withholding to avoid a potential surprise when you file tax return next year.
Supreme Court Showdown: The Fate of American Wealth Taxes
On December 5, the United States Supreme Court will hear a court case that could hugely impact the American tax code. Learn about wealth taxes.
1099-K Reporting Threshold Last Minute Change
The IRS has announced that the threshold for filing 1099-Ks will not be reduced for 2023 to $600 but instead will not be required unless the taxpayer receives over $20,000 and has more than 200 transactions in 2023.
IRS Expands Requirement to E- File Information Returns Starting in 2024
Some small businesses that previously filed paper information returns because the number of information returns, they had to issue was below the IRS’s 250 return threshold for e-filing, may need to file their 2023 and later year forms electronically,
Cracking the Tax Code: A Guide to Tax Jargon
A plain-English guide to common tax terms, from AGI and W-2s to deductions, credits, and filing status.
2024 State Business Tax Climate Index: Complete Analysis
Find a comprehensive analysis of the Tax Foundation’s 2024 State Business Tax Climate Index. A must-read for all small business owners and prospective business owners.
The Debate Over Free IRS E-Filing
Explore the pros and cons of a proposed IRS free e-file system, including accessibility, oversight concerns, and impacts on taxpayers and tax pros.
Navigating U.S. Taxation: A Guide for Non-Resident Aliens
As a non-resident alien living and working in the United States, understanding the U.S. tax system can be a daunting task.
Do I pay taxes on profits from selling my Taylor Swift tickets?
Selling tickets at a profit comes with its own set of tax implications. Learn more.