Tax planning

Millionaires, who comprise less than 1% of New York City filers, generate 40% of city income tax revenue, says the Citizens Budget Commission.

Any new taxes to fund his agenda need the backing of the state, and Governor Kathy Hochul has said she's against such hikes.

Voters in 20 states will be asked to weigh in on ballot referendums and measures concerning an estimated total of $3.1 billion in potential tax hikes.

Tax advisors can play a significant role in alerting clients to the availability of various options and strategies for an unneeded life insurance death benefit.

Some kind of increase seems on the cards as the Empire State braces for billions in federal cuts to health and food aid.

Accountants who advise private equity clients will want to be aware of what these mean for private equity sponsors and their portfolio companies.

Corporate finance leaders need to make sure their businesses find the right answers to reap the full benefits of the OBBBA.

Congress did not simply extend the Tax Cuts and Jobs Act provisions starting in 2026 with the One Big Beautiful Bill Act; it also modified some of those provisions effective in 2025.

The music superstar and Kansas City Chiefs football player together would have a vast fortune and are likely to need expert tax and financial planning advice.

Trump has long argued that digital services taxes are discriminatory against the likes of Amazon.com Inc. and Meta Platforms Inc.

Bloomberg Tax & Accounting released its annual report projecting U.S. tax rate brackets, standard deduction and AMT exemption amounts for the year ahead.

Katherine Green, a dominatrix who creates online adult videos, wasn't expecting a windfall from President Donald Trump's signature push to make tips tax-free.

SMBs represent a vital segment of the U.S. economy, and every dollar saved in taxes can be the decisive factor for survival, competitiveness and growth.

The legislative drive, still in the early stages, lacks the urgency that the year-end expiration of 2017 tax cuts provided to speed Trump's signature tax law.

The Trump administration's big tax legislation has plenty for the real estate industry to like, says an expert from Baker Tilly.

The One Big Beautiful Bill Act is one of the most significant tax reforms since the Tax Cuts and Jobs Act of 2017.