Taxes

House Republicans pushing to force relief from the $10,000 state and local tax cap could be a major challenge to GOP leadership.

The Community Collaboration Day saw the Centri team donate 637 hours of time and over $20,000 to local nonprofits across the company’s footprint in Boston, Denver, New York City, Philadelphia, Raleigh, Tampa and Tysons Corner.

The Problem Solvers Caucus, a group of GOP and Democratic lawmakers, plans to work on issues associated with the credit.

What are the tax consequences regarding a home sale if you and your spouse split up or divorce?

Previously, any money that grandparents gave a grandchild for college had to be reported as student untaxed income on the FAFSA, potentially lowering the student’s eligibility for financial aid.

Over the past 60 years, in times of adverse economic cycles, sales taxes have provided a more resilient method of funding relative to income and property taxes.

Is shipping taxable? Just as there’s no one way to get products into the hands of customers, there’s no one way to tax delivery charges: Taxability varies by state and is influenced by the delivery method.

A frivolous claim is one that is used to support an unreasonable entry on your returns or the failure to file a return. Numerous such claims have been shot down by the IRS, as well as the courts, in recent years.