There is seemingly no end to calls for tax reform in the United States.  This is not without cause, as the current income tax system could be considered as broken.  The Internal Revenue Code is over 71,000 pages long, or over 24 megabytes.  There are over 800 IRS forms.  The tax industry is one roughly [...]

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Over the years, there has been an ongoing debate about the replacing the complex income tax system in the United States with a flat tax.  In essence, a true flat tax subjects all income to a single rate.  Most frequently, proponents have cited a 17 percent rate as revenue neutral.  A true flat tax would [...]

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Let’s suppose that you file a joint income tax return with your spouse in 2008.  Not an uncommon occurrence, millions of couples do so every year.  But from there, things go downhill and the two of you divorce two years later.  Thinking that the divorce and its financial ramifications are behind you, you start to [...]

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