Leaving the Golden State doesn’t always mean leaving its tax obligations behind. California may continue to tax former residents who maintain financial ties to the state. The proposed exit tax under Assembly Bill 2088 raised concern among high-net-worth individuals considering a move. It could impose a tax on unrealized capital gains and broader global wealth. …

Skyrocketing property taxes and high state income taxes have long frustrated taxpayers in high-tax states like California and New York. Since the Tax Cuts and Jobs Act of 2017 capped the SALT tax deduction at $10,000, millions saw limited relief on their federal tax return. Fortunately, the newly signed tax law raises the salt deduction …

Many New Yorkers eagerly await their tax refund yet remain unsure about payment timing or amount. Recent analysis shows taxpayers often file personal income tax returns early. However, they check their tax refund status too soon. For instance, e-filed returns may still process slowly, and mismatches in requested refund amount or Social Security number delay refunds from …

Overtime pay often increases a worker’s overall tax burden, especially when combined with taxable tips. According to recent policy changes, the no tax on overtime rule will ease that pressure for millions of Americans. The new tax law, active from calendar years 2025 through 2028, allows workers to deduct qualified tips and overtime from their …

Paying high prices for meals inside the park can quickly drain your Disneyland vacation budget. According to recent reports, Disneyland food and drinks can cost an average family over $150 per day. That’s a serious hit, especially if you're managing dietary needs or traveling with kids. Can you bring food into Disneyland instead? The good …