I recently wrote about the phenomenon of married taxpayers filing separately in order to avoid phaseout of recovery rebate and child credits. I picked up on the story by following #TaxTwitter, where tax pros go to commiserate. My sources on the tax press have confirmed my impression that this story has not garnered much coverage
Taxes
Hello there, I hate to be the bearer of bad news; Tax Day is just around the corner. The Tax Deadline for your 2021 tax filing is April 18th, 2022. Don’t freak out. If you find yourself unable or unwilling to get your taxes done by that deadline, you can request an automatic six-month extension
Tax Notes reporters Jonathan Curry and Caitlin Mullaney set the record straight on 10 common tax myths. This transcript has been edited for length and clarity. David D. Stewart: Welcome to the podcast. I’m David Stewart, editor in chief of Tax Notes Today International. This week: TikTok tax. There are a lot of bad ideas
New York’s official state motto is “Excelsior,” which means “Ever upward,” and that’s an apt description of how the state — along with Connecticut, Maryland, and New Jersey — has attempted to persuade the federal courts to enshrine the state and local tax deduction a feature of federal tax law. Undaunted by the fact that
State and federal lawmakers are debating an extraordinary range of often-contradictory energy-related tax changes. These inconsistencies have existed for years, but they rarely have been more apparent than today. We are at a time when climate experts increasingly are warning of the growing risks of unchecked fossil fuel use. Yet, we also are confronting a