A gavel rests on top of an open law book with the U.S. Supreme Court building in the background. Every tax practitioner and many readers of editorial pages will recognize their names today, but that ...

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 ...

Dozens of large corporations paid more money to their top executives than they shelled out in federal taxes between 2018 and 2022, according to a new watchdog report. The analysis names 35 ...

Tackling income and wealth inequality is at the top of the policy agenda in many countries. This note discusses three approaches of wealth taxation, based on (1) returns with a capital income tax, (2) ...

The IRS adjusts the federal tax brackets annually to keep pace with inflation. The 2026 tax brackets apply to taxes filed in 2027. Many, or all, of the products featured on this page are from our ...

Find out how much you'll owe when you file your 2025 and 2026 tax returns, and learn how to pay less by reducing your taxable ...

OLYMPIA – Gov. Bob Ferguson’s confidence that supporters of the new tax on incomes over $1 million will prevail – first in the Legislature and soon at the ballot box and in the court system – is ...

Michigan Association of CPAs heard from some clients who say the Michigan Treasury erroneously sent them income tax refund ...

Capital gains taxes are paid on the profits earned from the sale of an investment Assets owned for one year or less generate short-term gains. Assets owned for over one year generate long-term gains.