Income taxes

King Charles and Prince William disclosed their personal tax obligations for the first time in their current roles in an attempt to increase the transparency of the British monarchy's finances.

If you have clients with college-age children earning money from their name, image and likeness, are they responsible enough to handle it and protect it?

The number of private tax-advantaged foundations and the amount of assets contained in them has reached nearly $2 trillion, even as the administration considers imposing new taxes.

The Internal Revenue Service received approximately $3.2 billion in unidentified payments from fiscal years 2022 through 2024.

Trump said Democratic policies on crime and taxes were leading to an exodus of businesses and taxpayers from New York, as he touted his tax cuts.

Representative Mike Lawler, a key negotiator behind the temporary increase to the cap on state and local tax deductions, pushed back on efforts to expand it.

Josh Gottheimer is looking to roughly double the cap on state and local tax deductions, in a bid to secure more savings for residents in high-tax states.

If Congress attempts to pass a second tax bill before the midterms, Rep. LaLota plans to push to expand the state and local tax deduction.

A recent study calculated which U.S. states put the heaviest tax burden on their residents.

A recent study calculated which U.S. states have the lightest touch when it came to dipping into their residents' pockets.

Residents exiting Massachusetts took a net of $4.2 billion in adjusted gross income with them in 2023, one of the largest totals in the country.

More than 1.2 million taxpayers only have until April 15 to claim a total of approximately $1.2 billion in refunds for tax year 2022.

Up in smoke; contingency planning; disaster strikes; and other highlights from our favorite tax bloggers.

While AI is suitable for some tasks and use cases, there are other tax applications that are simply too risky, whether from an economic or security standpoint.

The legislation would eliminate income taxes for Americans who earn less than $46,000 and reduce income taxes for those making between $46,000 and $80,500.

California's proposed wealth tax has become one of the most closely watched fiscal policy experiments in American history.

Washington state is set to approve a new tax on millionaires, a measure that would shift how the state raises money and set off a likely court fight.

The members of the "Patriotic Millionaires," who include a Disney heiress, argue that rich residents can afford paying more into city coffers.

Volunteer Income Tax Assistance sites serve as the front line of tax compliance for low- and moderate-income taxpayers. The 2026 filing season has introduced several recurring issues that require heightened diligence by site coordinators and student volunteers.

The Treasury Department released interim guidance on the corporate AMT, further restricting the reach of the 15% tax on billion-dollar corporations.