Tax Strategies

The Democratic Senator said there’s little chance that Congress can complete work on President Biden’s economic agenda by the end of the month.

The plan would require financial institutions to report information about some bank accounts to the IRS.

There’s no telling where the vast fortunes hide on tree-softened Phillips Avenue in Sioux Falls.

The party’s progressives and moderates disagree over which pieces of President Biden’s agenda to pay for — and how long to pay for them.

Good luck getting in to see an estate planner if you don’t already have one. Cross your fingers if you do.

The Internal Revenue Service’s Tax Exempt and Government Entities division is making plans for next fiscal year in hopes that Congress will provide more funding.

The average plan holds less than $29,000, which would pay for about half of a year at the average private university or a year or more at a public one.

The president has warned progressives that they will have to temper expectations for the final legislation.

World leaders, celebrities and more used hundreds of thousands of shell companies in Panama to hide their assets and take advantage of accounting and tax loopholes.

Democrats risk settling for a less generous expansion of the state and local tax deduction than previously hoped after President Joe Biden conceded that lawmakers will have to scale back his economic agenda to get it enacted.