New York’s latest tax gambit targets some of its own highest-earning citizens along with its neighbors’ treasuries.
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New York Targets Neighbors’ Taxes But May Shoot Itself
Tag Archives: Income Tax
A Tax Break For Wrongful Conviction Victims
Victims of wrongful imprisonment faced another legal threat, this time from the tax collector. A new law vindicates them.
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An Unprofitable Identity Theft
Someone tried to steal an identity and a tax refund, but things did not go according to plan.
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Your Tax Return Got Faked? Blame Yourself
Tax fraudsters take advantage of loose rules on money transfers, and bureaucrats blame taxpayers who want prompt refunds.
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Complex Rules For Energy Investors
If you want to win in the energy game, you need to master complex tax rules.
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Income “From Whatever Source Derived”
Donating eggs to benefit infertile couples may be an altruistic tax, but if you get paid for it, expect to give Uncle Sam his due.
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If Gifts Are Not Income, Why Tax Gratuities?
Wages are subject to income tax; gifts are not. Which description ought to apply to restaurant tips?
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A First, And Last, Hurrah For Dividends?
Corporations are rushing to distribute excess cash to shareholders. This healthy trend may not last very long.
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Unmarried Couples Keep A Tax Perk (For Now)
The IRS concedes unmarried couples can deduct interest on twice as much mortgage debt as married pairs. But for how long?
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