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Bloomberg News
Democratic Senator Carl Levin said an overhaul of the U.S. tax code would be difficult to accomplish and instead lawmakers should focus on curbing “unjustified” tax breaks.
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Bloomberg News
Apple Inc., which holds $102 billion in cash and investments outside the U.S., will suggest changes to corporate-tax laws to encourage companies to bring more cash into the country.
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Bloomberg News
Microsoft Corp. co-founder Bill Gates said the wealthy should pay more as the U.S. continues to grapple with how to rein in its budget deficit.
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by Eric L. Reiner
The new tax rules for trusts and estates could have been worse.
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by Rob Brown
It has become standard practice for planners to shut clients out of investment policy making.
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by
Eric L. Reiner
A study by Litman Gregory looked at income funds, which are concerning for high earners because they tend to distribute ordinary income.
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by
Bloomberg News
High-income and low-income families would encounter different tax increases in Obama’s budget plan.
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by FA Staff
Boston-area taxpayers and others have until July 15 to file their 2012 returns as a result of the Boston Marathon explosions, says the IRS.
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Bloomberg News
Senate hearings, lawsuits and an Internal Revenue Service questionnaire are placing new scrutiny on nonprofit groups that spend millions of dollars on political campaigns without disclosing their...
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Bloomberg News
U.S. corporations received $181 billion in income tax breaks in 2011 -- as much as they paid in taxes, according to a report released today by the Government Accountability Office in Washington.
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