If I am not spending all my required minimum distribution (RMD) money each year, can I roll some of this back into my stocks? If so, will I be taxed on the amount rolled back in? Would this be considered double taxation? If I’m only taxed on the additional interest this money generates when I […]
By Lisa Barrington DUBAI (Reuters) – The United Nations should not change a convention on how global airlines are taxed, the International Air Transport Association (IATA) said on Monday, cautioning that doing so would add complexity and cost, and might cause routes to be scrapped. A U.N. committee on tax is considering taxing airlines in […]
Paul F. deLespinasse Americans leading our war for independence complained that they elected no members to the British House of Commons, which had attempted to levy taxes on them. “No taxation without representation” became a popular slogan, and is often still quoted. But do Americans really believe in this generalization? Before American women received the […]
With trillions of dollars worth of provisions from the Trump-era Tax Cuts and Jobs Act set to expire in 2025, tax policy experts from across the ideological spectrum made their case on Wednesday for what the future of the tax code should look like. Rep. Suzan DelBene (D-Wash.), the chair of the Democratic Congressional Campaign […]
BALTIMORE — Two months after state officials failed to notify more than 100,000 property owners in Maryland about their latest reassessments, the head of the agency in charge of assessments has been replaced. Gov. Wes Moore’s office on Thursday announced Daniel K. Phillips will serve as the interim director of the State Department of Assessments […]
TOMS RIVER – While the county tax rate in Ocean will go down by two cents this year, the amount to be collected in taxes is set to rise by $27.2 million from 2023 — with an increase in assessed property values making the reduction in the rate possible, according to the Board of Commissioners. […]