Don't let the tax cuts expire: At the end of the year, the 2003 tax cuts are set to expire. That means that, as of Jan. 1, taxes on capital gains and dividends will soar. The maximum capital gains tax ...
The 2025 filing season has been completed quietly, despite trepidation regarding the Internal Revenue Service's ability to function effectively in the face of cuts in funding and staff. Processing ...
Governors and legislators have enacted income tax cuts in 25 states since 2020. Among that group of tax cutting states, Arkansas recently became the first to enact two income tax rate cuts in the same ...
The complexities tax practitioners face when practicing before the Internal Revenue Service and in Tax Court can be illustrated by following a case as it progresses from a return to a settlement. The ...
For individuals and business owners, these records offer critical lessons about leveraging tax laws and managing risk. Here are five key takeaways to guide smarter financial decisions, blending ...
Thanks to celebrities who learned their tax lessons the hard way, we all have great examples of what to do — and, more to the point, not to do — when it comes to our taxes. Are you thinking about ...
Monte Jackel of Jackel Tax Law discusses partnership taxation rules and the role they play in former President Trump’s ongoing IRS audit. This transcript has been edited for length and clarity. David ...
President Trump laid out an aggressive agenda on tariffs, taxes and the culture war that drew cheers from Republicans and silence or protest from Democrats. Photo: Win McNamee/Getty Images The passage ...
A recent ruling by the Supreme Court of Appeal has delivered a sharp message to taxpayers: ignoring your tax obligations and later blaming your accountant will no longer suffice. In Ntayiya v South ...