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.
This op-ed, co-authored by Rutgers Business School Distinguished Professor Jay Soled was originally published in The Hill. Congress designed the tax code to raise revenue and to foster various policy ...
A maze of complex language, codes, and directives, peeling back the layers of the Internal Revenue Code is a challenge for even the most seasoned accounting and tax professionals. As a finance ...
Opinions expressed by Entrepreneur contributors are their own. Taxes are the number-one issue facing small businesses, according to December’s Small Business Optimism survey. As we’re now in tax ...
Business owners need a good understanding of required federal, state, and local taxes. Filing business-related taxes can be a time-consuming and complicated process, especially for new entrepreneurs.