Who benefits most from the tax codes? Low-income or high-net-worth? Our CPA breaks it down. The answer might surprise you. Who benefits most from the tax codes? Low-income or high-net-worth?

Penalty-free retirement distributions, casualty loss deductions and delayed tax filing and payments can all provide some short-term financial relief.

If I file my tax return and pay the bill and it later turns out that the calculations or my tax code weren't correct, can I ...

For example, the Child Tax Credit decreases for married couples ... Large losses from natural disasters seem to be happening more often and the tax code is a poor mechanism for assisting victims.

For example, both Texas and Florida do not tax ... overall tax policy and net migration (lower left of figure). A good tax code has certain characteristics. It should be simple, meaning it is ...