Taxes

Latest in Taxes

2026 HSA Contribution Limits: Self-Only $4,400, Family $8,750

The IRS announced higher 2026 HSA limits: $4,400 for individuals and $8,750 for families. This guide explains how to confirm…

Navigating 2025 U.S. Tax Filing: Immigration Status and Compliance

The 2025 U.S. tax guide for international workers and students explains that tax residency, determined by the Substantial Presence Test…

IRS Clarifies HSA Rules Under the One Big Beautiful Bill Act

IRS Notice 2026-05 clarifies new HSA eligibility rules under the OBBBA. Key updates include permanent telehealth safe harbors starting in…

2026 Capital Gains Tax Rates and Brackets by Filing Status

The IRS 2026 capital gains tax rates of 0%, 15%, and 20% apply to assets held over one year. Brackets…

New York State 2026 Income Tax Rates and Bracket Updates

New York State will reduce its five lowest income tax rates by 0.1% in 2026, with top rates remaining high…

Michigan 2026 Income Tax: Flat 4.25% Rate and Deductions

Michigan will apply a 4.25% flat income tax rate in 2026. This straightforward system applies to residents and part-year residents,…

States That Won’t Tax Your 401(k) in 2026: 13 Destinations

In 2026, 13 states including Florida, Texas, and newly tax-exempt New Hampshire will not tax 401(k) distributions. This is vital…

2026 Gift Tax Exclusion: $19,000 per Recipient, $38,000 for Married Couples

The 2026 gift tax exclusion is set at $19,000 per recipient, or $38,000 for married couples. Gifts to non-citizen spouses…