Taxes

Georgia Property Tax Exemption, Amendment 1 Skip to content Home • Blog • Georgia Amendment 1 Threatens the State’s Housing Market Georgia’s Local Option Homestead Property Tax ExemptionA tax exemption excludes certain income, revenue, or even taxpayers from tax altogether. For example, nonprofits that fulfill certain requirements are granted tax-exempt status by the Internal Revenue

If you’ve received a 1099-LTC tax form this tax year, it’s likely because you were paid long-term care benefits or accelerated death benefits, and the Internal Revenue Service (IRS) wants to know about it. While these benefits aren’t always taxable, it’s important to understand what this form means. Let’s break down what’s on the form,

French Budget: Details & Analysis | Tax Foundation Skip to content Home • Blog • The French Budget: Moving from Public Debate to Principled Solutions French President Emmanuel Macron promised to rein in the country’s budget deficit within the next four years. Newly released data shows France is moving in the wrong direction. On 26

So, you just received Form 1099-MISC for the tax year, and you’re wondering what on earth miscellaneous income is. We get it — let’s break down what this form means, why you received it, the filing requirements, and how to report it on your federal income tax return. At a glance: Form 1099-MISC reports miscellaneous

Sports Stadium Subsidies: Taxpayers Shoulder a Heavy Burden Skip to content Home • Blog • Taxpayers Shoulder a Heavy Burden for Sports Stadium Subsidies State and local governments spend significant sums for the construction, operation, and continued maintenance of sports stadiums and arenas. According to recent estimates by sports economists, “between 1970 and 2020 state

Updated for tax year 2024. Do you dread income tax time every year? We get it. But there are some things that can make the tax filing process a little easier to swallow — tax refunds, credits, and deductions. Tax savings opportunities From advantages for solo tax filers to charitable donations, the tax code offers

Why the Economic Effects of Taxes (Including Tariffs) Matter Skip to content Home • Blog • Why the Economic Effects of Taxes (Including Tariffs) Matter Policymakers have many ways to impose taxes and raise revenue, and each type of taxA tax is a mandatory payment or charge collected by local, state, and national governments from

Did you receive Form 1099-G this tax year? Here’s everything you need to know about this important tax form and how to use it when filing your income tax return with the Internal Revenue Service (IRS). At a glance: Form 1099-G most commonly reports unemployment compensation plus any state or local tax refunds you received.

Uline Minnesota Supreme Court Tax Ruling | Tax Foundation Skip to content Home • Blog • Minnesota High Court Ruling Will Increase Business Tax Compliance Costs Decades ago, Congress put limits on states’ ability to assert taxA tax is a mandatory payment or charge collected by local, state, and national governments from individuals or businesses

Updated for tax year 2024. Your little bundle of joy may tap into your pocketbook throughout the year, but at tax time they can actually help you save money. And the more children you have, the bigger your tax savings. Uncle Sam offers many tax benefits for families, but understanding which ones you qualify for

Extended Producer Responsibility (EPR) Policies | Tax Foundation Skip to content Table of Contents Key Findings Growing levels of waste and pollution, paired with increasing burdens on taxpayers to address environmental problems, have spurned policymakers in the US and abroad to encourage producers to be responsible, either financially or operationally, for the end-life of their

The Internal Revenue Service (IRS) uses 1099 forms, also called information returns, to report various types of income. If you received a 1099-CAP form as a taxpayer this tax year, it might look particularly confusing, but don’t worry — we’re here to break it down for you. This article will give you all the details