Super rich people may avoid paying more than $160 billion in taxes every year, the Treasury says. Here are six strategies they use to do that.

In this age of social media overload, I confess that I’m addicted to recommendations of excellent books to read during our ...

The IRS could lose 10 percent of its revenue ($500 billion) because taxpayers and businesses think the Trump administration ...

These are the best memoirs of the past five years from authors such as André Leon Talley and Michelle Zauner. Plus, we look ...

Elon Musk’s company profits from green energy tax breaks passed by Democrats.

She cites a report by the left-leaning Institute on Taxation and Economic Policy, which claims Tesla paid no federal income ...

Take the long view with your practice and don't miss any opportunity to train a staff person properly, as shown in these ...

Gabriel Caldiron Rezende of Machado Associados summarises the general aspects of the recently enacted Brazilian tax reform ...

Mark is also the author of 'Life and Taxes: A Look at Life Through Tax' (Wolters Kluwer CCH, 2017) and the second, third and fourth editions of 'Australian Practical Tax Examples' (Wolters Kluwer CCH, ...

Investopedia / Candra Huff A marginal tax rate is the percentage of tax applied to each additional dollar of income within a specific bracket, rather than being applied to the whole income.

Any increase in the so-called SALT deduction would accrue to higher-income Americans who may owe a lot of property taxes on their valuable homes, for example. Republicans defend their tax plans ...

for example in terms of their land or livestock, they are cash poor and the proposed changes would mean they would have to sell up in order to pay the tax. In his speech, Reed had also outlined ...