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 ...

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 ...

The definition of income—what it is and how it’s taxed—is a core issue of a Supreme Court case that could have far-reaching effects for taxpayers. Moore v. United States, argued before the court in ...

Learn about tax attributes, which are reductions in tax credits, losses, and property basis when debt cancellation is excluded from taxable income.

As lawmakers in Congress debate whether to renew the personal income tax cuts established by the Tax Cuts and Jobs Act, a familiar criticism has resurfaced: that President Trump’s signature ...