Learn how comprehensive tax allocation reconciles tax and financial reporting, uncovering discrepancies in income, expenses, ...

Regulation M allows investment companies to pass taxes on distributions to investors, preventing double taxation. Discover how these IRS rules benefit shareholders.

Learn about the challenges lawmakers face in Arizona as they grapple with a new federal tax code from veteran tax policy ...

Anyone who has run a business of any size understands how confusing and, at times, complex the tax code can seem. So deferred tax assets (DTAs) can be challenging. However, understanding them is ...

People across the country already struggle to exercise economic and political control over their own lives, and there may be imminent changes in economic and tax policy that could make things worse.1 ...

Forbes contributors publish independent expert analyses and insights. Nathan Goldman is a tax prof. at NC State Univ. If Trump’s tariffs in the year 2025 have taught us anything, it is that tax policy ...

Tax avoidance is the legal use of tax laws to minimize tax liability and maximize savings. Tax fraud involves illegal activities, such as falsifying income or deductions, to evade paying taxes. Tax ...

The U.S. tax system privileges wealth accumulation over income earned from work, allowing the ultrarich to exponentially grow their wealth and pass it on without ever paying taxes. Due to our history ...

President-elect Donald Trump and the incoming Republican Congress already have a big agenda set for them this year, as the 2017 Trump tax cuts are on track to expire. A full extension of the law would ...