To be a public charity, an organization must qualify under § 509(a) of the Tax Code. All charities are subdivided between public charities, which are publicly supported by donations or fees, and private foundations, which are typically supported by a…
Here is a quick summary of the history of the income tax in the United States up to the Obama presidency. Please see past blogs on the history of the income tax in the United States for more information. Taxes…
Ronald Reagan ran for president on a platform of tax reform. In the fall of 1986, President Reagan signed into law the Tax Reform Act of 1986, one of the most far-reaching reforms of the U.S. tax system. More than…
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