Greg Daugherty has worked 25+ years as an editor and writer for major publications and websites. He is also the author of two books. Vikki Velasquez is a researcher and writer who has managed, ...

Editor’s Note: The following excerpt is from “A Fine Mess: A Global Quest for a Simpler, Fairer, and More Efficient Tax System” by T. R. Reid. For more, watch economics correspondent Paul Solman’s ...

The tax code has been a big topic since President Donald Trump visited Missouri in August. Trump called for tax cuts and policies that he said would grow the economy. Sen. Roy Blunt, R-Mo., continues ...

Campaign slogans promise retirees "no tax on Social Security," but the Internal Revenue Code does not work in slogans. Federal law still treats a portion of many retirees' monthly checks as taxable ...

Julia Kagan is a financial/consumer journalist and former senior editor, personal finance, of Investopedia. Lea Uradu, J.D., is a Maryland state registered tax preparer, state-certified notary public, ...

June 21, 2023 - On March 30, 2023, the Internal Revenue Service issued Revenue Ruling 2023-2, which directly impacts a wide range of irrevocable trusts, including grantor retained annuity trusts, ...

A New York attorney sues the IRS, arguing that her golden retriever fulfills all legal requirements of a dependent.

Will Kenton is an expert on the economy and investing laws and regulations. He previously held senior editorial roles at Investopedia and Kapitall Wire and holds a MA in Economics from The New School ...

An American woman sued the IRS to have her golden retriever legally classified as a dependent for tax purposes.

A woman filed a lawsuit against the IRS, urging the agency to consider reclassifying man's best friend as a deductible ...

Amanda Reynolds is suing the IRS to recognize her dog as a dependent for tax purposes. She spends over $5,000 annually on her ...