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Superior Civil Court Lawsuit of Former Director of 911 Emergency Communications Against County of Avery Settled Out of Court

Tax Court Finds That SECA Limited Partner Exception Requires 'Functional Analysis Test' - Tax Authorities

A recent U.S. Tax Court decision provides clarity to what the Internal Revenue Service ("IRS") considers a limited partner for purposes of the ‘limited partner exception...

Superintendent to receive $3,000 pay bump

Norfolk Public Schools superintendent Jami Jo Thompson will receive a pay bump for the next three years.

Mega Backdoor Roth Conversions Targeted by Biden Budget Proposal

The budget proposal takes aim at ‘tax-free fortunes,’ and includes tax consideration to shore up Social Security.

Carried Interest, Stock Buybacks Other Tax Increases Included in Biden Budget Proposal

The other tax increases would include higher minimum taxes on billionaires and corporations.

What You Actually Take Home From a $200,000 Salary in Every State

Making a $200,000 salary puts you in a rare category of earners in the U.S. However, while that number sure looks juicy on paper, all of it won't show up in your bank account. Taxes will take a big...

Planning To Claim Social Security In 2024? Consider These First

FICA Tax Rate for 2023-2024: Everything You Need To Know

Two of the largest pieces of the federal budget -- accounting for over a third of total federal spending -- are Medicare/Medicaid and Social Security. These two programs represent an essential...

Yes, Side Hustle Income Gets Taxed, but There Are Some Breaks. How It Works

Knowing how much to put aside throughout the year can help you avoid an unexpected tax bill. Here's how to approximate taxes owed on this income.

15 Key Financial Terms to Know to Plan a Successful Future