President Obama has signed into law a House bill that changes the definition of modified adjusted gross income under the healthcare reform law and repeals a 3 percent withholding provision under the ...

In December 2023, the Supreme Court considered the fundamental question: “How is income defined?” Moore v. United States centered on the question of taxation of unrealized income. Unrealized income is ...

Q. Your column last week mentioned that the new Cavanagh case changed the definition of income for purposes of calculating child support. What has changed? And is the court looking at the same income ...

The concept of being middle class in America has shifted dramatically. What used to guarantee a comfortable lifestyle now ...