Last week, Senator Joe Manchin (D-WV) and Senate Majority Leader Chuck Schumer (D-NY) announced a budget reconciliation deal that would raise taxes on corporations and high-income households to ...

This book is designed to help nonprofit groups plan for challenges associated with obtaining and maintaining tax-exempt status. Now in its fourth edition, the book offers a framework for determining ...

Important regulations expire at the end of next year, thwarting tax planning and creating a monumental fiscal challenge for Congress. By Jeff Sommer Jeff Sommer writes Strategies, a weekly column on ...

NOT ONLY are taxes one of the only certainties in life, they are also one of the only certainties in this presidential election. That is because of the looming expiration of tax provisions passed in ...

The IRS said the adjustments are intended to ensure the tax code keeps pace with inflation and to prevent taxpayers from ...

Below is our annual guide to Tax Code Section 179 for self-employed and business owners who buy a vehicle. This guide encompasses qualifying vehicles purchased in the 2025 calendar year for the ...

Forbes contributors publish independent expert analyses and insights. Bruce makes the law and tax code understandable to everyone.

It’s probably not surprising that most Americans consider the current federal tax system to be complex, incomprehensible and unfair. One national survey found that a majority of Americans, about 56 ...