Taxes
According to a report from the Federal Trade Commission, Americans lost more than $10 billion from theft and fraud in…
The IRS suffered another defeat in the U.S. Tax Court focused on civil penalties and automatic assessments—and taxpayers have last…
Sales tax on food and beverages can be complicated. While five states do not have a sales tax (Alaska, Delaware,…
This is a published version of our weekly Forbes Tax Breaks newsletter. You can sign-up to get Tax Breaks in…
The IRS is offering a breather for taxpayers tied to certain specified required minimum distributions (RMDs) for 2024. And if…
Before he died from cancer at the age of 76 earlier this month, O.J. Simpson never voluntarily paid any of…
Perhaps the two most influential economics thinkers of the past half-century were not economists at all. Psychologists Amos Tversky, who…
Robert Goulder, Steve Rosenthal of the Urban-Brookings Tax Policy Center, and Livia Mucciolo discuss updated data from the policy center…
Congress created a new section of the tax code as part of the Inflation Reduction Act of 2022. Section 4501…
You usually can’t correct a tax return without amending it. However, there is an exception, if you act quickly once…