Tax

President Trump signed into law a bill extending the federal tax deduction for qualified disaster-related personal casualty losses.

President Donald Trump said he would remove U.S. tariffs on Irish whiskey, announcing the move Sunday while attending a golf tournament at his family's course in western Ireland.

Toxic pollutants; fabricated gambling winnings and losses; financial shortfalls; and other highlights of recent tax cases.

Advisors can leverage the updated opportunity zone program, starting in January, to help ultrahigh net worth clients defer capital gains.

The projected U.S. tax rates give tax professionals an early look at potential adjustments that could affect their 2027 tax planning for their clients.

Interior Secretary Doug Burgum pointed to "trillions of dollars" in foreign investment, along with lower taxes and fewer regulations, as potential sources.

A federal appeals court upheld a lower court order preventing the IRS from sharing massive amounts of taxpayer data with Immigration and Customs Enforcement.

Senator Ted Cruz said he expected lawmakers to discuss the deficit impact and suggested it would be better structured as a tax refund with work requirements.

New York is considering a $100 million property tax break for a new Hudson Yards skyscraper proposed by developer Tishman Speyer.