federal taxes Archive

TweetShareSharePin0 Shares Key Findings In calendar year 2022, state-local tax burdens are estimated at 11.2 percent of national product. Taxpayers remit taxes to both their home state and to other states, and about 20 percent of state tax revenue comes from nonresidents. Our tax burdens analysis accounts for this tax exporting. New Yorkers faced the

TweetShareSharePin0 SharesUnderstanding And Saving Money On Your Health Insurance Plan These days navigating the health insurance marketplace is more difficult than ever. With constant changes and rising prices, finding the best coverage for you and your family can seem like an impossible task. This article can help you find the coverage you need at a

TweetShareSharePin0 Shares President Biden wants to expand eligibility for health care premium tax credits. Currently, the Affordable Care Act (ACA) caps health care premiums for individuals at 10 percent of their incomes, but the cap does not apply to spouses and children insured through family members’ employers. Biden would allow families to receive tax credits

TweetShareSharePin0 SharesIRS Auditing Everyone hopes that they will never have to endure an audit from the Internal Revenue Service (IRS). On the downside, there is a good chance that sometime in your life you will be audited. However, there are a few things you can do to make the process a little easier. It is

TweetShareSharePin0 Shares In response to rising gas prices, Maryland suspended its gas tax for 30 days. Connecticut and Georgia also have created gas tax holidays and lawmakers in other states are debating some form of gas tax relief. Although well-meaning, it’s not clear that this policy will provide much benefit to drivers. To the extent

TweetShareSharePin0 Shares Will Senate Democrats make a deal with Sen. Manchin on a smaller spending plan? They’re going to try one more time, three months after the West Virginia Democrat sunk the $1.7 trillion Build Back Better plan. Politico reports that Senate Dems are switching up their strategy by meeting Manchin’s recent demands. He says

TweetShareSharePin0 SharesIs Your Ebay Activity A Business Or A Hobby? Many eBay sellers start out as a hobby, or just to clean out their closets. Many times, this hobby can lead to a profitable business. A hobby is an activity that you do simply because you love doing it, but it may also earn you