The tax code changes add a $6,000 deduction for taxpayers over 65 years old with a phaseout for taxpayers earning more than ...

The 2017 Tax Cuts and Jobs Act brought sweeping changes to the tax code, impacting every taxpayer and business owner. The TCJA has many provisions that are set to expire (or sunset) at the end of 2025 ...

Nearly two months after Republicans’ massive tax and spending bill was signed into law, state policymakers are beginning to work out how “no tax on tips” and other U.S. tax code sweeteners will play ...

The Dec. 31, 2025, expiration of many provisions of the 2017 Tax Cuts and Jobs Act (TCJA) adds a new task to the 2025 congressional to-do list: updating the tax code. Many TCJA provisions provided ...

Forbes contributors publish independent expert analyses and insights. Robert W. Wood is a tax lawyer focusing on taxes and litigation. Legal fees as income? Why worry about deducting legal fees? Most ...

Mr. Furman, a contributing Opinion writer, was the chairman of the White House Council of Economic Advisers from 2013 to 2017. There was much to dislike in the package of large and regressive tax cuts ...