
Will Artificial Intelligence Be Able to Prepare Our Tax Returns?
In case you’ve somehow missed the flurry of articles describing the dramatic advance of artificial intelligence, we appear to be at the dawn of a
In case you’ve somehow missed the flurry of articles describing the dramatic advance of artificial intelligence, we appear to be at the dawn of a
Our son will turn 16 next month. In the fall, he’ll have a choice: Drive our small, fossil-fueled car to school, or walk or bike
House Republicans on April 26 passed legislation on a party-line vote a bill that would rescind many Inflation Reduction Act (IRA) clean energy tax incentives
The veil has lifted (at least partway) on the administration’s two-year-old pledge that the IRS would not use its $80 billion budget boost to increase
Benefits from safety net programs such as the Supplemental Nutrition Assistance Program (SNAP, formerly food stamps) and tax programs such as the Earned Income Tax
As usual, the politicians are missing the point: Success or failure of the IRS’s ambitious plan to spend $80 billion in new money won’t be
The Internal Revenue Service has taken a major step forward with its release of a plan detailing how the agency will invest the ten-year $80
Without better outreach and communication from the IRS, the new $600 reporting threshold might drive more otherwise law-abiding taxpayers to work around the reporting rule.
President Biden’s fiscal year 2024 budget would revive 2021’s enhanced child tax credit (CTC) with some new twists that seek to make the credit work
A handful of extremely wealthy US taxpayers holds trillions of dollars in foreign accounts, much of it in tax havens and through partnerships, according to