Category: Individual Taxation

Linda Beale reports that the Swiss Parliament has ratified the U.S.-Swiss agreement providing for the release of  U.S. account-holder information on about 4,500 accounts: It is likely that the names will start flowing very soon

From Paul Caron, here is yet another study that shows that the rich pay a highly disproportionate share of federal taxes. Of course, we shouldn’t expect this study to change the minds of the soak-the-rich crowd when the 50 studies

Kay Bell takes a look at who pays federal income taxes in Where Does Your Taxable Income Rank: Kiplinger took 2007 tax data (the most complete available) from the IRS and created an online calculator

I got unduly excited when I read the following headline in the Journal of Accountancy: IRS Rules That Mortgages Over $1 Million Can Be Deductible Great, I thought. Now my heart surgeon client with a $2

The Associated Press reports that the IRS is intensifying and expanding its tax return audit program: The IRS is making it a bit riskier to cheat on your taxes