In her book The Second Estate, Ray Madoff explains how the U.S. tax system lets the ultra-rich grow their wealth tax-free while working Americans bear the burden.

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 ...

Experts stress that we should spend more than just a day preparing for our income, expenses, and household information for ...

Every April, people across the country, from every background and every political affiliation, come together to complain about the same thing – their taxes. Tax Day marks the conclusion of a marathon ...

In "The Second Estate," Boston College law professor Ray Madoff argues that America’s tax code has birthed a modern aristocracy.

A senior US senator has proposed legislation to remove tax exemptions for international students on Optional Practical ...

The Supreme Court on Tuesday seemed inclined to uphold a tax on foreign income while leaving questions about a broader, never-enacted tax on wealth for another day. On the first issue, conservative ...

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 ...

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 ...

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 ...