Good News For Widow Who Lost Her Home Over $6.30 Tax Bill

There’s some good news for a Pennsylvania woman this week: she can keep her home. A decision from the Pennsylvania Supreme Court has put an end to litigation involving the sale of her home due to an alleged underpayment. The woman, Eileen Battisti, allegedly failed to pay $6.30 (downloads as a pdf) in interest on a late payment of property taxes … Read more

Back To School Sales Tax Holidays For 2015 Starting Soon

With temps hitting the 90s last week, you’d swear it was still summer. However, the catalogues piling up on my living room table tell a different story: back to school season is starting already. Back to school is a huge industry. According to the National Retail Federation (NRF), spending on back to school for families … Read more

Hot Diggity! Considering The ‘Hot Dog Tax’ On National Hot Dog Day

Mustard or ketchup? These are the kinds of pressing questions the nation faces today because it’s National Hot Dog Day. I know what you’re thinking: who knew hot dogs had their own day? They do. They have their own month, too: National Hot Dog Day is part of National Hot Dog Month (I kid you … Read more

Cloud Tax Is The New Black: Chicago Tax Scheme Will Boost Costs For Services Like Netflix

My kids are huge fans of Netflix, as am I. I like being able to pick and choose which shows they will watch in advance and a girl can only take so many episodes of Disney’s “Jessie.” For those of you who don’t know about Netflix, it’s a service that allows you to stream videos online (you … Read more

Supreme Court Upholds King, Says Obamacare Tax Credits Apply To All States

The Supreme Court has held that the Patient Protection and Affordable Care Act, sometimes called “Obamacare,” authorized federal health care tax credits for taxpayers living in states with exchanges and taxpayers living in states without exchanges who rely on the federal exchange. The final decision was 6-3 with Chief Justice Roberts delivering the opinion. Justices Kennedy, … Read more

Nevada Pops New Tax On Burning Man, iHeartRadio, Other Music Festivals

Heading to Nevada to catch your favorite entertainer this year? Better book a ticket for summer. Beginning in October 2015, tickets to live entertainment may be subject to a new 9% tax on admissions. All events held in venues capable of holding 15,000 or more concertgoers are subject to the new tax. The tax is … Read more

In Landmark Case, Supreme Court Finds Maryland’s Tax Scheme Unconstitutional

Last May, Dominic Perella, argued that the way that the State of Maryland treated tax credits was wrong, arguing, “Maryland’s approach is unfair to people who make money in more than one state.” As it turns out, the Supreme Court agrees, holding in Comptroller v. Wynne that Maryland’s tax scheme is unconstitutional because it doesn’t … Read more

Taxes From A To Z (2015): P Is For Personal Property Taxes

It’s my annual “Taxes from A to Z” series! Next up: P Is For Personal Property Taxes Most taxpayers are used to the idea that they can deduct taxes paid on real property. Real property generally includes land and improvements. Most commonly, those improvements are buildings. You most likely identify the “improvement” on your land … Read more

Paying Your Taxes In Bitcoin? Bill Would Make It Easy.

At tax time, you can generally settle your bill by cash (though not necessarily folded cash), check or credit card. A New Hampshire State Representative is hoping to add another way to pay: Bitcoin. A bill introduced earlier this year in New Hampshire, HR552, would require the state’s treasurer to “develop an implementation plan for … Read more