March 2020

If you received a Form 1099-G this year from a government agency, you may need to report some of the information it contains on your tax return. The most common uses of 1099-G are to report:Unemployment benefitsstate or local income tax!-->…

The U.S. tax code consistently favors investments in robots and software over investments in people, suggests a paper to be discussed at the Brookings Papers on Economic Activity conference on March 19. The result is excessive…

Channeling subsidies through the tax code gives tax professionals a disproportionate advantage. Numerous tax provisions structured in the form of deductions offer the most generous benefits to the highest incomes from an arithmetical point…