The landmark 1986 tax reform legislation cut the top individual income tax rate in the U.S. to 28% from 50% and the top corporate rate to 34% from 46%. With that change, the tax treatment of standard ...

Selling something that has shot up in value — think appreciated stocks, bitcoin bought for pennies, a rental building, or a closely held business — can leave you staring at a hefty state and federal ...

In Montana, 43.2 percent of pass-through partnerships reported zero or negative income in 2014, the most recent year for which data is available. Among Montana's Subchapter S corporations, which are ...