Tag:Tax bill

Business

Most Americans have just a few days left to file 2020 taxes. Here’s what to know

bymuratdeniz | iStock | Getty ImagesIf you have not filed your 2020 tax return, the clock is ticking.The deadline for 2020 returns...

Ariel Shapiro - May 9, 2021

Business

A third of Americans file taxes at the last minute. Why that might be a bad idea

The May 17 deadline for submitting 2020 taxes is swiftly approaching.If you have not filed your taxes but, it is time to begin...

Ariel Shapiro - April 28, 2021

Business

Calls to end $10,000 SALT deduction cap threaten Biden’s tax plan ahead of its release

Representative Tom Suozzi, a Democrat from New York, speaks throughout a information convention asserting the State and Local Taxes (SALT) Caucus exterior the...

Ariel Shapiro - April 27, 2021

Business

Tying the knot sometimes means paying more in taxes. Here’s when the ‘marriage penalty’ kicks in

antongvozdikov / 500px | 500Px Plus | Getty ImagesSome newlyweds get an unwelcome present from the IRS: a much bigger tax invoice. While many...

Ariel Shapiro - April 8, 2021

Business

New York is raising taxes for millionaires. Will other states follow?

New York Governor Andrew Cuomo speaks at Rochdale Village Community Center in Queens, New York, on April 5, 2021.Brendan McDermid | AFP |...

Ariel Shapiro - April 8, 2021

Business

Americans have until May 17 to contribute to 2020 to their IRAs or health savings accounts

Steven Heap/EyeEm/Getty ImagesThe deadline to contribute to individual retirement accounts and health savings accounts is May 17, the identical day that particular person...

Ariel Shapiro - March 30, 2021