Taxes

In the dark of the night, snuggled within the 4,000+ page Omnibus Bill meant to keep the machine of government well-oiled, lies a passage that may change the future of retirement saving. And the average American worker is ready for it. Dubbed the “SECURE 2.0 Act of 2022,” it represents an extension of the original

As a special Christmas present to all of us, the Secure Act 2.0 is expected to become law right before the holiday. The SECURE Act 2.0 caught a ride on the $1.7 trillion omnibus spending bill that was unveiled on December 19. While the bill presents numerous changes to existing retirement savings and withdrawal rules,

The world’s most famous tax returns are finding their way into the public record. The House Ways and Means Committee has already delivered a broad overview of Donald Trump’s tax filings during a six-year period, and his actual returns are slated for release in a few days. Predictably, people are talking a lot about Trump’s

The two new reports on the IRS’s handling of former President Donald Trump’s tax returns raise more questions than they answer. And the most important is: Why has the agency been so slow to review Trump’s returns? A report by the House Ways & Means Committee describes the agency’s review of Trump’s tax returns. A

Welcome to the Tax Policy Center’s annual Lump of Coal Awards for the worst tax ideas of 2022. Since it was an election year in the US and elsewhere and a year of eventful tax legislation, we were left with many misbegotten ideas to choose from. Here are 10 of the worst. 10. Rapping your

Insider trading is a notorious form of white-collar wrongdoing that most people are familiar with. The law prohibits you from trading stock when you know material nonpublic information (MNPI) about a company, i.e. information that will move the company’s stock price when it is made public. Fewer people know that you can violate the insider-trading

For some observers, the COVID-19 pandemic has ushered in a big labor market change—significantly higher levels of working from home (WFH). Recent studies find WFH is getting locked into the labor market, at least for some occupations and industries, although some experts caution we still don’t know how it will play out in the long

The Amber Heard and Johnny Depp trial was riveting. For the last chapter, after saying that she would appeal, Amber Heard has settled her messy defamation case with Depp for an undisclosed sum. Earlier this year, Heard was ordered to pay $15 million in damages to Depp when the jury found that she defamed him

In the third of a three-episode series, former senior Treasury official Chip Harter discusses his experience creating the international tax guidance for the Tax Cuts and Jobs Act and the evolution of those provisions. This transcript has been edited for length and clarity. David D. Stewart: Welcome to the podcast. I’m David Stewart, editor in

In what’s become an annual rite, the Financial Accounting Standards Board (FASB) has once again put corporate tax transparency at the top of its administrative agenda for the year ahead. The new proposal, which is the third such proposal in the last seven years to focus on getting corporations to disclose more detail on the