States Rain Down Taxes on Fourth of July Celebrations

Tax Policy – States Rain Down Taxes on Fourth of July Celebrations No Fourth of July celebration is complete without fireworks, and Americans are willing to pay for their colorful displays of patriotism. According to the American Pyrotechnic Association,...

Form 1040 to be shorter but with more schedules

IRS Tax News – Form 1040 to be shorter but with more schedules The IRS is working on a draft version of the 2018 Form 1040, U.S. Individual Income Tax Return, that reduces the size of the form to two half-pages in length and eliminates more than 50 lines....