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individual income tax Features

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  • Thursday, November 24, 2016

    United States president-elect Donald Trump has promised more than USD4 trillion in tax cuts, and with the White House and Congress expected to be on the same page on the issue of tax for the first time in six years...
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  • Previewing US Tax Reform
    By Tax-News.com Editorial
    Tuesday, November 24, 2015

    The latest Tax Reform Business Barometer survey, issued by The Tax Council and Ernst & Young, found that tax professionals expect Congress to approve tax reform legislation no earlier than 2017, with most congressional leaders...
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  • Personal Tax Review
    By Tax-News.com Editorial
    Wednesday, October 9, 2013

    For many years, studies showed that personal income taxes were falling, especially for high-earners, as indirect taxes took more of many countries’ overall tax burden. As the financial crisis hit national budgets, this trend was broken as governments sought to raise additional revenue from the wealthy in particular, and top rates began to creep up once more.
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  • Wednesday, July 31, 2013

    President Obama, when on the campaign trail in 2008, envisaged a dramatically simplified tax system whereby 40 million Americans would be able to complete their tax returns in less than five minutes without the paid help of an accountant. Clearly, this utopian vision of the US tax landscape has failed to come to pass, but as Congress begins to debate comprehensive tax reform in earnest, personal taxpayers struggling to comply with America’s dysfunctional tax system at least have some cause for optimism.
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  • Topical Focus – US Tax Reform Update
    By Tax-News.com Editorial
    Monday, July 8, 2013

    A recent survey of senior tax professionals in the United States ranked potential US corporate tax reform alongside tax authorities’ more rigorous pursuit of transfer pricing cases as the top global tax concern facing companies. This feature outlines just why this is the case.
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