Forbes contributors publish independent expert analyses and insights. I am the Kester and Brynes Professor at Columbia Business School and a Chazen Senior Scholar at the Jerome A. Chazen Institute for ...

Democrats have proposed a minimum tax on income that well-off corporations report to investors in order to help fund President Biden's sweeping tax and spending package. The proposed minimum book tax ...

Last week, Senator Joe Manchin (D-WV) and Senate Majority Leader Chuck Schumer (D-NY) announced a budget reconciliation deal that would raise taxes on corporations and high-income households to ...

Here's what you should know about income tax, what it is, how it works, how to calculate it and which states don't have it.

Negotiations over the Build Back Better Act have stopped after Senator Joe Manchin (D-W.Va.) said he would not vote for the current version of the bill. Lawmakers are hoping to restart negotiations ...

Forbes contributors publish independent expert analyses and insights. Carrie Brandon Elliot analyzes international tax issues. Taxpayer comments on the revisions to reg. section 1.861-20 in new ...

The new corporate minimum tax signed into law by President Biden last month will not impact large companies equally. A small percentage will bear the heaviest burden, according to new research from ...