Every year as the tax deadline approaches, people want to know the last-minute things they can do to lower their bill. The honest answer is there’s rarely anything. The 2024 tax year ended Dec. 31, ...

The 2025 filing season has been completed quietly, despite trepidation regarding the Internal Revenue Service's ability to function effectively in the face of cuts in funding and staff. Processing ...

Governors and legislators have enacted income tax cuts in 25 states since 2020. Among that group of tax cutting states, Arkansas recently became the first to enact two income tax rate cuts in the same ...

In this episode of Tax Notes Talk, Tax Notes contributing editor and historian Joseph J. Thorndike discusses President Trump’s referral to “the forgotten man” and how the phrase connects to a ...

A recent case, Senty v. United States, provides several important lessons for tax return preparers . Mr. Senty was involved ...

2020 was an unforgettable year in markets, delivering a number of important lessons to income investors. We review some of these lessons such as ignoring CEF premiums, chasing yield, failing to keep ...

Indiana's 2025 legislative session, specifically Senate Bill 1, offered property tax cuts for residents and significant cuts for businesses. While providing modest relief to some homeowners, the bill ...

There are some hard truths about human behavior lurking in the 1040 Every year as the tax deadline approaches, people want to know the last-minute things they can do to lower their bill. The honest ...