making it easy for promoters to deceive them into thinking the structure works but is too complex to understand without a tax background. For example, several decades ago, promoters began to push ...

Yet accounting experience isn’t a job prerequisite, and a slew of IRS chiefs lacked a tax background, said David Kautter, a former acting IRS commissioner and Treasury official in the first ...

Income taxes are taxes that are collected on the individual earnings of persons or entities. Depending on the jurisdiction, income taxes are calculated and collected in a variety of ways.