A recent case, Senty v. United States, provides several important lessons for tax return preparers . Mr. Senty was involved ...
The Income Tax Department is alerting taxpayers about incorrect deduction and exemption claims. Salaried individuals who ...
The recent Supreme Court of Appeal ruling in Ntayiya v Sars sends a clear message to taxpayers: ignorance of tax obligations ...
There are some hard truths about human behavior lurking in the 1040 Every year as the tax deadline approaches, people want to know the last-minute things they can do to lower their bill. The honest ...
In this episode of Tax Notes Talk, Tax Notes contributing editor and historian Joseph J. Thorndike discusses President Trump’s referral to “the forgotten man” and how the phrase connects to a ...
The 2025 filing season has been completed quietly, despite trepidation regarding the Internal Revenue Service's ability to function effectively in the face of cuts in funding and staff. Processing ...
Governors and legislators have enacted income tax cuts in 25 states since 2020. Among that group of tax cutting states, Arkansas recently became the first to enact two income tax rate cuts in the same ...
On June 23, 2025, DrBicuspid published an article about a dentist who used various trusts and different contacts to fund these trusts. The purpose of “hiding” income and not paying taxes on that ...
Every year as the tax deadline approaches, people want to know the last-minute things they can do to lower their bill. The honest answer is there’s rarely anything. The 2024 tax year ended Dec. 31, ...