Income taxes

Gift tax returns and the wealth transfer strategies they reflect don’t face the same IRS logjams as individual returns.

Several House Democrats promise to sink President Biden’s economic agenda if doesn't include an expansion of the federal deduction for state and local taxes.

The following steps will guide you in establishing an all-inclusive tax research effort on behalf of your entire client base while ascertaining the likelihood of success.

John Wiley & Sons has updated its annual J.K. Lasser series of tax guides with information for preparing tax returns this year.

The National Taxpayer Advocate's annual report to Congress sounded alarm bells as millions gear up to file their federal returns.

Democrats risk losing their edge in key suburban districts amid a stalemate that threatens plans to expand a tax break for well-off homeowners.

Inflation and higher wages can push earners up a tax bracket, while unchanged deductions can spark bigger tax bills.

Advocates say they'll continue pushing for the write-off, but it is not widely popular.

New forms’ questions; taxpayers behaving badly; why people leave; and other highlights from our favorite tax bloggers.

The pandemic-related tax provision permits more people to deduct donations to qualifying charities on their 2021 federal income tax return.

A group of 99 House Republicans has sent a letter to Internal Revenue Service commissioner Charles Rettig asking for information about how the IRS plans to fix the backlog of unprocessed tax returns before the 2022 filing season.

Practitioners can serve medical workers well by encouraging them to take the necessary time to establish a long-term tax plan.

Key negotiators continue to clash over the specific income limits for one of the unresolved issues in President Joe Biden’s economic agenda.

Mary Trump said her uncle’s lawsuit over her role as a source for a report on the former president’s tax avoidance violates a law against frivolous litigation.

Senate Democrats negotiating an expansion of the state and local tax deduction aren’t near a deal, raising the prospect that talks will spill into next week — and potentially next year.

After months of talk of steep tax increases on the wealthy, a kinder reality has emerged for well-off clients.

Negotiations over the deduction hit a new snag with two key lawmakers at odds over whether the plan should raise revenue for other spending priorities.

Coming brackets; rising expatriations; meeting behavior and aftermaths; and other highlights from our favorite tax bloggers.

It’s a cliche that’s out of date, advisors say; instead, investors should actively consider the tax consequences before making market moves.

Dueling proposals would deliver large tax cuts to the wealthy while failing to do much for middle-income households, according to a new analysis from.