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5 things you should know about saving on taxes

At a time when top combined federal and California state income tax rates approach nearly 50%, and many tax breaks are set to expire soon, understanding the basics of tax planning is crucial if you...

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Key questions as Trump approaches $454M deadline

By Michael R. Sisak | Associated Press NEW YORK — Donald Trump is hurtling toward a critical deadline in his most costly legal battle to date. If the former president doesn’t come up with a financial...

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Donald Trump lawyers scramble as $454 million deadline approaches

By Jennifer Peltz | Associated Press NEW YORK — Former President Donald Trump’s lawyers kept pressing an appellate court Thursday to excuse him from covering a $454 million fraud lawsuit judgment for...

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States rethink ambitious projects as tax revenues shrink and pandemic aid ends

Tim Henderson | (TNS) Stateline.org From health care for immigrants in California to universal school vouchers in Tennessee, states are being forced to rethink expensive projects as tax revenues...

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Measure ULA backed by L.A. voters in 2022, has produced $215 million for housing

By JOSE HERRERA, City News Service Los Angeles city officials and supporters celebrated the one-year anniversary on Thursday, April 4 of Measure ULA a real-estate transfer tax that they say has...

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Taxes: Should you itemize or take a standard deduction?

By Katherine Roth | The Associated Press When tackling your taxes, it can sometimes be hard to figure out whether to opt for a standard deduction or itemize. According to tax pros, itemizing generally...

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IRS says 940,000 unclaimed tax refunds are about to expire

By Fatima Hussein | Associated Press WASHINGTON — The IRS is warning taxpayers that they may be leaving more than $1 billion on the table. The federal tax collector said Monday that roughly 940,000...

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When rogue brokers switch people’s ACA policies, tax surprises can follow

Julie Appleby | (TNS) KFF Health News Tax season is never fun. But some tax filers this year face an added complication: Their returns are being rejected because they failed to provide information...

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IRS expands free Direct File system to all eligible taxpayers in California

California taxpayers can now use IRS Direct File, a free electronic filing service that debuted earlier this year for federal tax returns. The IRS’ pilot program launched in January for government...

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Biden’s budget includes tax breaks for families, hikes for the wealthy

By Josh Boak and Colleen Long | Associated Press WASHINGTON — President Joe Biden on Monday released a budget proposal aimed at getting voters’ attention: It would offer tax breaks for families, lower...

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