Taxes

More From Taxes

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1 hour ago

The Senate Budget Bill Is Growing More Regressive

The tax provisions of the budget bill being debated in the Senate would be more regressive than the Finance Committee version, says a new Tax Policy Center analysis.

ByHoward Gleckman,

Senior Contributor

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6 hours ago

What Is Canada’s Digital Services Tax?

Canada’s digital services tax was supposed to take effect Monday morning — instead, it died in the middle of the night.

ByAndrew Leahey,

Contributor

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7 hours ago

Grim Polls For The GOP Budget Bill

Tax historian Joseph J. Thorndike examines the results of several polls on voter support for the One Big Beautiful Bill Act.

ByJoseph Thorndike,

Contributor

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16 hours ago

Mortgage Debt: Hidden U.S. Estate Tax Trap For Foreign Investors

Foreigners often do not know leveraged U.S. real estate investments using recourse debt do not shield them from U.S. estate tax exposure.

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18 hours ago

5 Key Steps For The One Big Beautiful Bill To Become Law

This article discusses the current status of the One Big Beautiful Bill Act and outlines the five key steps that must be taken before it can become a tax law.

ByNathan Goldman,

Contributor

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Jun 28, 2025

The Who Is Keeping Score Of The Big Beautiful Bill Edition

Plus: Zohran Mamdani’s millionaire tax, Billy Long is sworn in as the 51st IRS Commissioner, IRS continues to shed employees, contacting the Taxpayer Advocate Service (TAS), filing deadlines, tax trivia, and more.

ByKelly Phillips Erb,

Forbes Staff

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Jun 27, 2025

Taxpayer Advocate Calls 2025 Filing Season A Success But Waves Warning Flag On Cuts

In her introductory remarks to her annual report to Congress, the National Taxpayer Advocate touted IRS successes, suggesting that the most recent filing season was the “smoothest yet.” But cuts to the budget and personnel threaten to upend next year’s filing season.

ByKelly Phillips Erb,

Forbes Staff

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Jun 27, 2025

Americans Feel They Pay Too Much In Federal Income Taxes, Gallup Finds

Most Americans feel they pay too much in Federal income taxes per Gallup. Contributing to retirement accounts is often a sold way to lower income taxes over your life.

ByMike Sylvester, CPA,

Contributor

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Jun 27, 2025

Will Mamdani’s Proposed Millionaire Tax Save Or Sink New York City?

Zohran Mamdani won over New York City voters by promising to make the city more affordable with a rent freeze and free services funded in part with an added tax on the rich.

ByKelly Phillips Erb,

Forbes Staff

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Jun 26, 2025

What’s Comes Next For The One Big Beautiful Bill Act

Dave Camp, former chairman of the Ways and Means Committee, and Dean Zerbe, a former Senate tax counsel, talked with Forbes’ Kelly Phillips Erb and Janet Novack about the future of Republicans' big tax and budget bill.

ByKelly Phillips Erb,

Forbes Staff