by Linda Beale Senate Finance Committee cuts tax return preparer regulation As most tax practitioners realize, many people who hold themselves out as “tax return preparers” actually know nothing about…

…The Tax Foundation appears not to have noticed that loans are not gifts. First he quoted Stephen Rosenthal’s observation that the direct effect of cutting taxes on corporate profits is…

…As L.A. Burns, Republicans Vote for a Tax Hike on the Victims (Dec. 8, 2017). See also Thomson Reuters Tax & Accounting News, 2017 Tax Reform: proposed individual tax changes…

…most Americans to bear, Congress placed a general tax at 3% and created a progressive income tax. It taxed income over $600 at 3% and income over $10,000 at 5%….

…would largely be paid by taxpayers. This includes a large majority of Republicans (83%) and most independents (61%). When people who want to extend the enhanced tax credits were asked…

…in 2025, according to an analysis out on Tuesday from the Institute on Taxation and Economic Policy. What Companies Paid Zero Federal Income Tax in 2025? The companies avoiding all federal income tax in…

…tax and fiscal policies put us in. That is, in spite of the fact that Romney-Ryan stand for things like making the Bush tax cuts permanent, eliminating the estate tax,…

…it away: Personal Income Taxes, Corporate Income Taxes and FICA (the payroll tax: you know that hyper-regressive flat tax – nominally for Social Security and Medicare – with a ceiling,…

…payroll tax, plus $21,617 in income tax (2011 brackets), for a total tax burden of $29,267. Let’s look at investor taxpayer. You would think they would be taxed at the…

…government won’t necessarily raise taxes to cover the revenue cost of a tax credit. In fact, the opinion claimed, “the purpose of many governmental … tax benefits is ‘to spur…