The number of “married but filing separately” tax returns is on the rise in the U.S., but is it always the right decision for couples? This issue brief by public finance fellow Joyce Beebe can help married couples make the right decision.
As COVID-related government support programs are phasing out, fraudulent claims associated with employee retention assistance are on the rise. In this issue brief, public finance fellow Joyce Beebe explores how a lesser-known tax credit may be the source of a lot of potential fraud.
Social media influencers can earn hundreds of thousands or even millions of dollars each year. But how do they get taxed? In this issue brief, public finance fellow Joyce Beebe explains what tax rules apply to influencers and how tax authorities can improve tax compliance.
Over the last three years, the U.S. has experienced several significant pandemic-driven economic rollercoasters. In response, consumer behaviors have certainly shifted, writes public finance fellow Joyce Beebe. She explores the latest consumer trends in this issue brief.
A number of states are moving toward accepting bitcoin and other cryptocurrencies for tax payments, writes public finance fellow Joyce Beebe. She explores the challenges this may bring and why a sizable number of states are racing to be viewed as crypto-friendly.
This brief reviews the factors that distinguish a “hobby” from a “business” in the eyes of the IRS as well as associated requirements, common misapplications of regulations and the factors that go into a determination between the two.
An increasing number of states have begun to contemplate state-administered individual retirement account programs. How do these differ from employer-sponsored plans? And would they be able to provide workers with meaningful retirement savings? Public finance fellow Joyce Beebe explains.