Taxes

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Latest Taxes News

How To Survive An IRS Employment Tax Audit

In recent years, the IRS has devoted more resources to employment tax matters. In addition to standard non-reporting and non-payment…

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After Months In Limbo, Child Tax Credit Bill Fails To Advance In The Senate

More than six months after the House of Representatives passed a tax deal that would restore bonus depreciation, end the…

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U.S. Olympic Athletes Are Going For The Gold In Paris—And It Could Be Tax-Free

The opening ceremony of the 2024 Paris Summer Olympics is set, and the parade marking the event will be far…

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Our Olympic-Sized Tax Edition Looks At The Games

This is a published version of our weekly Forbes Tax Breaks newsletter. You can sign-up to get Tax Breaks in…

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States With Tax Breaks for Renters: Do You Qualify?

“Tax breaks for renters are different from homeowners,” said Aaron Cirksena, CEO and Founder of MDRN Capital. “To qualify, renters need…

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No Tax On Tips? Be Careful What You Wish For

Donald Trump, our once and possibly future president, has been speaking about his idea to eliminate taxes on tips. He…

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Why Eliminating Tax On Social Security Benefits Is Bad Policy

Former President and 2024 Republican nominee Donald Trump has joined other politicians advocating for abolishing taxes on Social Security benefits.…

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‘Your Voice At IRS’ Is Optimistic About Levels Of Taxpayer Service After Difficult Years

At the height of the pandemic, between October 1, 2020, and September 30, 2021, the Taxpayer Advocate Service (TAS) received…

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Our Washington (Isn’t) Calling Edition

This is a published version of our weekly Forbes Tax Breaks newsletter. You can sign-up to get Tax Breaks in…

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The RNC Platform Would Almost Certainly Make Inflation Worse

The theme of the Republican National Convention’s opening night in Milwaukee was “Make America Wealthy Again.” Speakers one after the…

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