Taxes

School funding is back in the news as states struggle to reverse trends suggesting that students are performing at lower levels than before. Specifically, the country’s 13-year-olds showed the most significant declines ever recorded on the National Assessment of Educational Progress trend assessment in mathematics. The average math score for 13-year-olds declined 9 points between

The European Commission’s ability to ensure that advance pricing agreements granted by member states comply with state aid rules is already under threat, but a recent advocate general opinion proposal would restrict it even further. In her June 8 opinion in Commission v. Luxembourg, C-457/21 P, concerning state aid allegedly conferred on the Amazon group

One of the most basic estate planning technique for someone likely to have a taxable estate is regular annual exclusion gifts. That’s the amount you can give to each person without it counting against your unified credit. In 2023 the amount is $17,000. You can give $17,000 to each of your kids, each of your

Are tax troubles on your mind? It’s National Get Out Of the Doghouse Day. Why not take advantage of the opportunity to clean up your finances and resolve your tax issue? Getting started now will help get you out of the doghouse with Uncle Sam (and potentially, your spouse, business partner, or mom). Background National

Flooding victims anywhere in Vermont now have until Nov. 15, 2023, to file various individual and business tax returns and make tax payments. The IRS is offering relief to any area designated by the Federal Emergency Management Agency (FEMA), including postponing various tax-filing and tax-payment deadlines for any taxpayer with an address of record in