I explored several options for deferring capital gains tax on the sale of artwork. Here is an update for 2025.

Charitable giving isn't just generous, it's smart. See how top earners use it to lower taxes and how you can apply the same ...

NBC reported Thursday that Trump pressed House Speaker Mike Johnson to raise the top income tax rate to close the carried ...

The bill would make key portions of the TCJA permanent and create a new "senior bonus" deduction, among its many provisions.

At the end of the legislative session, in a move nobody noticed until recently, lawmakers steered another $300 million in ...

The federal endowment tax rewards dependence and punishes self-reliance.

While Republicans on Capitol Hill—including the leaders of both chambers of Congress—have long argued for reducing the ...

Illinois now expects $500M less in revenue next year, with Pritzker officials blaming economic instability driven by Trump ...

House GOP plows ahead to advance key components of its bill to fund Trump’s agenda -- including taxes and Medicaid cuts -- ...

On Friday, May 9, the House Ways and Means Committee released a portion of its draft tax legislation (the “House Draft Bill”) to amend the ...

On Monday, Republicans unveiled their much anticipated Tax Bill (the “Bill”). At 389 pages, the Bill contains a number of provisions. Some are simply extensions of previous provisions that were ...