By Sandra Block From Kiplinger’s Personal Finance Marriage and divorce can affect your taxes. If you experienced either of those in 2022, here’s how to minimize their federal tax bite. Marriage Following a pandemic pause, more than 2 million couples got married in 2022. If you’re among the newly hitched, filing your first tax return…
Powerball Winner Faces Massive Tax Bill
By Kelley R. Taylor From Kiplinger’s Personal Finance Question: What sort of tax bill is the recent winner of the $2.04 billion Powerball jackpot likely to owe? Answer: The lucky Powerball winner will be looking at hefty tax bills. One of those tax bills will be from the federal government and, depending on where the…
Joe Manchin’s New Tax Bill Could Help Hydrogen Electric Vehicles
Hydrogen is “the most dumb thing I could possibly imagine for energy storage,” said Tesla CEO Elon Musk to the Financial Times. “It does not naturally occur on Earth, so you either have to split water with electrolysis or crack hydrocarbons.” Lithium in its pure form also doesn’t occur naturally on Earth, but Musk didn’t…
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