Talks on the Child Tax Credit appear to have stalled, with a key sticking point being opposition of some lawmakers to making the credit fully refundable – or allowing low-income families to qualify for the maximum credit regardless of how much they earn. Tax Policy Center presents alternatives. – ​Forbes…

Griffin, who’s worth an estimated $31.9 billion, is seeking punitive damages and a trial by jury. – ​Forbes – Taxes ​Read More  

Year-end tax planning is likely to be different in 2022, especially for retirees and investors. – ​Forbes – Taxes ​Read More  

As prices and hunger rise, a record 11 food banks make Forbes’ 2022 list of America’s Top 100 Charities, ranked by private donations. – ​Forbes – Taxes ​Read More  

Given that the market for undeveloped land, imperfect as it may be, is not populated with idiots, promoters cannot routinely acquire properties and have them in relatively short order be worth a multiple of what they acquired them for. – ​Forbes – Taxes ​Read More  

IRS Forms 1099 notify the IRS that you received income. Each Form 1099 is matched to your Social Security number, so the IRS can easily spew out a tax bill if you fail to report one. If you don’t you’re almost guaranteed an audit or a tax notice. – ​Forbes…

Martin A. Sullivan analyzes the child tax credit in the Tax Cuts and Jobs Act and the American Rescue Plan Act’s expansion of it, and he explores how extending the credit could affect poverty and the economy. – ​Forbes – Taxes ​Read More  

IRS is turning up the heat on OnlyFans contributors. – ​Forbes – Taxes ​Read More  

The penalty for fairly innocent goofs can run into the millions of dollars. – ​Forbes – Taxes ​Read More  

Cities hope to convert office buildings to residences, and there is a lot of market action now. Conversions can help with the housing shortage, but they are only one tool for cities. – ​Forbes – Taxes ​Read More  

In 2022, year-end planning for stock options, RSUs, and other forms of equity comp can be tricky because of market volatility and uncertainty. Here are some insights from leading financial and tax planners with expertise in this area. – ​Forbes – Taxes ​Read More  

Empty offices and declining commercial real estate could hurt cities. But American cities have always faced unfair and unequal economic and social policies. – ​Forbes – Taxes ​Read More