Congress is still trying to figure out how to agree on appropriations under a budget for fiscal year 2024, which began on Oct. 1, 2023. If agreement is reached, some tax provisions could be included.

Forbes contributors publish independent expert analyses and insights. Bruce makes the law and tax code understandable to everyone. This article is more than 2 years old. Year-end financial and tax ...

Recent tax acts don’t change trader tax status (TTS), Section 475 MTM accounting, wash-sale losses on securities, or the tax treatment on financial products, including futures (Section 1256 contracts) ...

Our Employee Benefits & Executive Compensation Group reminds plan sponsors to get ready for 2023 IRS year-end amendments and offers year-end action items. Qualified plan amendments SECURE Act 2.0 ...

Only a year ago, the same was true of 2022. But the latest sales numbers leave that year in the dust: In 2023, total annuity sales reached $385 billion, according to LIMRA, an industry-funded research ...

Health care spending in the US reached $4.9 trillion and increased 7.5 percent in 2023, growing from a rate of 4.6 percent in 2022. In 2023, the insured share of the population reached 92.5 percent, ...