When clients ask Yale Levey to forecast how the tax code might change next year, his answer is invariably the same: “I have absolutely no idea"
Looking back on a year that has been perhaps the most unusual in her 30 years of counseling wealthy clients in the area of trusts and estates, Gail Cohen, vice chairman and general trust counsel at Fiduciary Trust Company International, has some pointed year-end advice
Broad outlines of the debate over comprehensive tax reform are starting to emerge on Capitol Hill
And Washington watchers say meaningful progress may not happen until the next election
U.S. millionaires would face an annual income tax increase of at least 10% under a deficit reduction measure proposed by Rep. Jan Schakowsky, R-Ill
Taxpayers still need to file by April 18 — even if federal government's gone fishin'
State taxes don't always follow the same rules used in calculating federal income taxes
With the Bush tax cuts extended for another two years, wealthy Americans can expect their tax liabilities to remain the same, right?
Preoccupied by a battle over federal spending, Congress has barely begun considering another piece of budget balancing: comprehensive tax reform
The Internal Revenue Service audited 18.4% of taxpayers reporting income above $10 million last year, up from 10.6% in fiscal 2009
Putnam Investments chief Robert Reynolds came to Washington on Wednesday to urge Congress to save Social Security — just not in the way Wall Street executives usually recommend.
Get ready for an avalanche of Form 8606 questions
Foundations, donor funds cite evidence that wallets are beginning to open
IRS to wannabe tax-dodgers: 'Talk to the hand'
Senate's near-unanimous passage of law prohibiting such patents hailed as 'big step forward for taxpayers'; on to the House
Managers at smaller broker-dealers and LLPs have been on high alert ever since Treasury boss Timothy Geithner suggested changing the tax rules for pass-through entities.
Now that the Senate has approved a ban on patents for tax strategies, proponents are turning their focus to the House
Internal Revenue boss tells Congress funding squeeze would curtail enforcement activity; 'informed and judicious cuts'
If taxpayers aren't jumping for joy over this year's Social Security tax reduction, it might be because they didn't even know that they were getting a tax break
