Browsing: Taxes

Tax Notes chief correspondent Amanda Athanasiou discusses the growing global popularity of carbon border adjustment mechanisms, the EU’s new regime, and how border adjustments can be…

Want to know why the budget deficit is enormous and growing? One reason is that when one political party in Congress proposes new tax cuts or…

Jeffrey Harmon of Lexington, S.C., was sentenced to 24 months in prison for preparing and filing false individual income tax returns for himself and his clients.…

Litigation is time-consuming and expensive. It is therefore no surprise that most litigation concludes, not by trial, but rather through the parties agreeing to settle their…

The U.S. Supreme Court will soon hear oral arguments in a case that raises a question most people have likely never even considered: Can your income…

As housing prices continue rising, even in the face of high interest rates, there are many calls to increase housing construction. But some voices, including on…

Have you ever wanted a second chance, the opportunity of a true do-over? When it comes to taxes, you can amend your tax returns, but that…

Wally Hellerstein of the University of Georgia Law School discusses the emerging state guidance for taxing cryptoassets. This transcript has been edited for length and clarity.…

Introduction They say that art is in the eye of the beholder. It might be more accurate to say that art, at least when it comes…

Approximately 95% of married couples file joint tax returns. There is a strong knee-jerk reaction to file jointly, and tax return preparers may assume that’s what…