More than 70% of the net tax cuts will go to the richest fifth of Americans in 2026. Only 10% will go to the middle fifth, ...

Forbes contributors publish independent expert analyses and insights. Admitted NY Bar and US Tax Court, covers US international tax law. The Net Investment Income Tax thresholds aren't adjusted for ...

After years of largely unregulated commerce, Internet retailers and consumers are hearing a dreaded message: Beware the tax man. Now that the U.S. federal government's three-year tax ban has expired, ...

The era of tax-free e-mail, Internet shopping and broadband connections could end this fall, if recent proposals in the U.S. Congress prove successful. State and local governments this week resumed a ...

As a general rule, "gross" means all of something. Gross income refers to an individual's entire income from all sources -- wages, self-employment, bonuses, dividends, etc. Net income is the number ...

Tax season is nearly upon us. For some, it may be your first time filing taxes. And even for those who have filed for years, taxes are not always the easiest task to tackle. Here's what you should ...

The alternative minimum tax is part of the so-called "parallel" tax system that was put in place in the 1970s to ensure that very wealthy taxpayers could not use certain deductions and exemptions to ...

State officials plan to revive this fall their push to force Internet and mail-order vendors to collect sales taxes from their out-of-state customers. On Oct. 1, 13 states will officially launch ...

Julia Kagan is a financial/consumer journalist and former senior editor, personal finance, of Investopedia. Katharine Beer is a writer, editor, and archivist based in New York. She has a broad range ...

Retained earnings represent the net income earned by a corporation but not yet distributed, either in the form of compensation to employees or as dividends to shareholders. In essence, it is earnings ...

Net operating losses can be confusing. In this article I will explain what they are and the tax benefits that can derive from NOLs. There are different types of losses. For a loss to be a net ...