Income tax — a tax on money made from jobs and other sources — is the largest revenue source for the US government. Although originally controversial, it has become a key principle of the US tax code.

The Supreme Court heard oral arguments this week in a case that on its face calls into question a tax on foreign income, but that also holds sweeping ramifications for the entirety of the U.S. tax ...

The sunset of the TCJA – the Tax Cuts and Jobs Act of 2017, is currently scheduled for the end of 2025. The TCJA contributed substantial changes to the US tax code that have benefited many US ...

Tax brackets will shift upward for 2026, meaning more income will be taxed at lower rates before hitting higher tiers. The ...

A substantial portion of the US tax code requires income to be realized in order to be taxable. Generally speaking, the taxpayer with realized income has converted (sold) an asset and (in theory) has ...

Today's United States Tax Code contains 1,395,000 words -- enough to fill 9,500 pages of very small print. There are another 8 million words of regulations -- filling 20,000 pages -- to help taxpayers ...

The Supreme Court is taking up a case Tuesday over a Washington couple's $15,000 tax bill that is widely seen as a test of a never-enacted tax on wealth. A decision in favor of Charles and Kathleen ...

Super Bowl champion Rob Gronkowski agreed with SpaceX and Tesla CEO Elon Musk on the need for a simpler tax for tax-paying Americans in a social media post on Monday. Musk initially responded to a ...