Articles on Tax law
Displaying 1 - 20 of 23 articles
A proposed Trump administration rule aimed at quashing diversity efforts could jeopardize the nonprofit status of private schools. It could take effect in mid-2027.
New deductions usually introduce new complexities and the need for better recordkeeping.
The IRS would need to conduct an audit first. And presidents aren’t allowed to make the IRS do that.
Only a tiny fraction of Americans are rich enough for it to matter anyway. And many wealthy taxpayers already locked their existing assets into estate plans that they can’t change.
A new report reveals which companies are paying tax and which aren’t. But it lacks other important detail on the tax practices of Australia’s largest corporations
Some churches operate huge business enterprises and collect rent on extensive property holdings. This income isn’t taxed.
The Tax Office should prepare a test case to establish the limits of negative gearing. It might be more limited than has been widely assumed.
New York’s lawsuit against Trump could mean he and three of his kids are prevented from operating a business again in the state – but the IRS will determine whether federal tax crimes also took place.
A quarter of Americans don’t know how they feel about the Build Back Better Act. Focusing on Americans’ individual stories – and not just political theater – could help fuel civic engagement.
Research suggests punishing tax cheats can re-establish a sense of justice among the general public, so authorities should use their resources to ensure culpable offenders are held accountable.
Because any two consenting adults can get married in the US, a platonic marriage could pretty easily be pulled off. Legally speaking, though, it’s a sham.
Taxpayers, including those paying tuition fees with FEE-HELP loans, can claim a deduction for self-education expenses that relate to the work they do. But graduates with a HECS-HELP debt can’t claim.
Under a settlement reached with New York authorities, he must give US$2 million to nonprofits out of his own pocket. And if he wants to start another foundation, Trump must submit to close supervision.
It may be easier to give money away when you budget for it.
While the Treasury secretary says House Democrats lack a ‘legitimate’ reason for demanding Trump’s tax returns, a former IRS attorney explains that the law says otherwise.
If tax seasons is stressing you out, a look at the worst things that could happen to you if you mess up – and why they’re so unlikely – may help.
A bipartisan group of lawmakers is trying to make charitable donations easier and more affordable through a new employee benefit.
The NRA may fund political candidates but only with cash from U.S. donors. The group could face serious consequences if, as news reports allege, it broke laws and rules.
Embattled Gov. Eric Greitens resigned over allegations tied to political contributions from concealed sources.
Philanthropists give for many different reasons, but bequests could decline by about $7 billion a year.



















