Robert W. Wood

Ironically, Trump may make it easier for people to vote with their feet. Among his tax promises, Trump vowed to end double tax for millions of expats.

Settlement agreement wording is important and can help avoid tax trouble. It does not bind the IRS, but helpful tax language in a settlement agreement can resolve audits.

Billionaire supporter Mark Cuban criticized the wealth tax as an economy killer and says Harris no longer supports it. Others say Harris' wealth tax is not off the table.

Harris tax hikes would hurt top earners, particularly in high-tax states. All eyes are on the election, but it’s hard to talk taxes without addressing state taxes too.

Three fans are locked in a court fight over who is the owner of Ohtani's record 50-50 baseball. The ball may be auctioned, and taxes are due on the winnings.

Americans abroad have asked for residence-based taxation for 20 years. After Trump offered support, expats have asked Vice-President Kamala Harris for a similar pledge.

IRS Extends Hurricane Milton Tax Relief To Florida Until May 1, 2025

Higher incomes may pay more tax in 2025 if Harris is elected. Besides, late in the year, it makes sense to consider taxes and whether to be paid now or in January.

Harris proposes higher taxes for higher incomes and corporations, and tax benefits for lower incomes. Trump proposed making 2017's cuts permanent and cutting taxes more

The surprise is that 28% is lower than the one proposed by President Biden. Senator Bernie Sanders quickly expressed disapproval, urging her to go for a higher increase.