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Senate Democrats have introduced legislation to impose a 100% tax on government lawsuit settlements received by presidents ...

A severance tax is imposed by states on extracting non-renewable resources, like oil and gas, for external consumption. It ...

IRS Section 180 allows taxpayers who farm to immediately deduct expenditures for inputs including fertilizer and lime, rather than capitalizing them.

This article is intended for educational purposes only and is not tax advice. For guidance on your personal situation, please ...