Michelle P. Scott is a New York attorney with extensive experience in tax, corporate, financial, and nonprofit law, and public policy. As General Counsel, private practitioner, and Congressional ...

President Obama has signed into law a House bill that changes the definition of modified adjusted gross income under the healthcare reform law and repeals a 3 percent withholding provision under the ...

People understandably gripe about the complexities of the federal income tax laws. Filling out your tax return is not as easy as writing a couple of numbers on a postcard and sending it to the IRS.

A widely used federal guideline defines low income as $15,650 annually for one person and $32,150 for a family of four in 2025. Many, or all, of the products featured on this page are from our ...