The Latest

New York state would end income taxes on wage earners and make up the revenue with an employer payroll tax that’s federally deductible as part of a restructuring plan that Governor Andrew Cuomo is recommending to mitigate harmful effects of the new U.S. tax code.

GOP leaders in the House are testing whether rank-and-file Republicans will support a stopgap funding measure to keep the government open that also would delay some Obamacare taxes and provide money for a children’s health insurance program, lawmakers said.

Repositioning real estate; state-level changes; the future of prep; and other highlights from our favorite tax bloggers.

Bloomberg Tax and Paychex have updated their technology to take into account the sweeping changes in the Tax Cuts and Jobs Act.

The Internal Revenue Service is warning taxpayers who owe more than $51,000 in tax debts they could have their passport applications or renewals denied unless they pay up.

RSM reported its international network of accounting firms broke through the $5 billion mark in annual revenue globally.

Cherry Bekaert LLP, a Top 100 Firm, has expanded its state and local tax practice by acquiring Windward Tax LLC in Alpharetta, Ga., effective Dec. 31, 2017.

RubinBrown LLP, a Top 100 Firm, has merged in Goltermann & Associates, expanding the firm’s wealth advisory service in St. Louis, effective Jan. 1, 2018.

The Supreme Court may be on the verge of tidying up an issue that has vexed states since the beginning of online sales—the attempt to collect tax on the sales by remote sellers into their states.

As much as it will change the profession, the new technology offers tremendous opportunities for accountants. according to Ron Quaranta and Erik Asgeirsson.