In Tuesday’s speech to a joint session of Congress, President Donald Trump said his proposed $5 million “gold card” citizenship program would exclude participants’ foreign income from U.S. taxes in ...
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Is credit card interest tax-deductible?
Credit card interest is not tax-deductible for personal expenses. The government stopped allowing a tax deduction for credit card interest with the Tax Reform Act of 1986. Interest on student loans, ...
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Tax payments: Should you use a Credit Card?
As the 2025 tax season unfolds, taxpayers are diligently preparing their returns and considering how to handle their tax payments. Among the various options, using a credit card to pay taxes is a ...
President Donald Trump has set his sights on Harvard University after it rebuffed his calls for policy changes regarding antisemitism, and he has reportedly directed the IRS to look into removing its ...
Oklahoma state law provides that surviving spouses of 100-percent disabled veterans are also eligible for sales tax exemption cards. “Some of my friends, who are wives of our Wagoner County veterans ...
Forbes contributors publish independent expert analyses and insights. Admitted NY Bar and US Tax Court, covers US international tax law. A portion of an individual’s U.S. Social Security retirement, ...
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