Taxes

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Latest Taxes News

IRS Document Upload Tool Hits One Million Submissions As Team In Charge Gets Award Nod

The IRS has accepted its one millionth taxpayer submission using the Document Upload Tool. The tool gives taxpayers and tax…

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Tax And Financial Literacy Matters

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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How Wealthfront Finally Became Profitable After 14 Years

The Palo Alto investing startup hasn’t raised its rock-bottom fees since its inception, yet it has found a way to…

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Bitcoin Billionaire Saylor Will Settle D.C. Tax Suit For $40 Million

The Attorney General for the District of Columbia, Brian L. Schwalb, has announced a settlement with billionaire Michael Saylor and…

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Supreme Court Backs IRS In Corporate Redemption Estate Tax Case

Closely held corporations often enter into agreements to redeem a shareholder's stock after death to ensure the continuity of the…

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Stronger Ties With Top HBCU

Law firm mergers and acquisitions often bring opportunities to grow law firms—but typically not the profession. A recent pairing in…

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Why You Might Want To Choose A Used EV Tax Credit Over A New One

Since 2023, qualified used electric vehicles have been eligible for a federal tax credit for up to 30% of the…

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Don’t Wait Until The Tax Cuts And Jobs Act Expires To Do Your Estate Planning

Working with estate planning attorneys can involve a lot of emails projecting doom and gloom about changes in tax laws.…

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How To Avoid Faulty Advice On IRS Form 706 And The Portability Election

There is an onerous issue plaguing the tax community. Some tax professionals have been advising their clients that filing the…

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Treasury Secretary Yellen Indicates U.S. Will Not Support Global Billionaire Tax

The world’s ultra-rich should pay more in taxes. That’s the crux of a proposal by some members of the G20—and…

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