The Latest

Rep. Nicole Malliotakis said there's an "opportunity" to grow the $30,000 state and local tax deduction cap offered by House GOP leaders in negotiations.

The cost of the draft plan for sweeping tax cuts weighed in at $3.8 trillion over the next 10 years in one official estimate. The reality is likely much higher.

Rep. Jason Smith said lawmakers from high-tax states should support the $30,000 limit his committee put on the state and local tax deduction.

What will be the role of the junior associate once AI takes over all the simple tasks that generate the experience needed for more complex ones?

The American Institute of CPAs is concerned about a provision in the tax reconciliation bill limiting deductibility of state and local taxes paid by firms.

Wealthy Americans and business investors are among the big winners while targets of Trump's ire such as immigrants and elite universities were hammered.

Key Senate Republicans are resisting the House's plan to gut clean energy tax credits, vowing to soften the blow for emerging technologies and nuclear power.

These days, it takes an AI village to develop an accountant.

Zoho's customer relationship manager, previously only for sales teams, has been modified and enhanced with AI to become CRM for Everyone.

The IRS is granting up to $200,000 to individual low-income taxpayer clinics.