Person Root Tag

Republicans abandoned their efforts to repeal and partially replace the ACA and plan to move on to tax reform.

Top Republicans are telling their fellow party members that not repealing the ACA could imperil tax reform efforts—and perhaps more of President Trump’s legislative agenda.

While issues of immigration, trade and freedom of the Fourth Estate are dominating the media cycle, there are other significant areas of policy flux worthy of consideration as President Donald Trump’s term gathers momentum.

The president warned House Republicans in a closed-door meeting Tuesday that many of them could be fired in the 2018 elections if they don’t approve legislation to replace the ACA.

It’s tax season and there will be some mistakes on returns you send to clients. Hopefully not many, but there will be some.

The nonpartisan Congressional Budget Office released its highly anticipated scoring of the American Health Care Act this week, and many commentators have observed that several of the CBO's findings will make the legislation a tougher sell for Republicans.

The Form 1040 that leaked out this week revealing the first two pages of Donald Trump’s 2005 tax return contained a few revelations, with some tantalizing hints of what might be found in the rest of the president-to-be’s tax filings. Tax expert Bill Smith of CBIZ MHM provided an in-depth analysis to Accounting Today.

Leaked pages of President Donald Trump’s 2005 tax return offer no new details about his foreign income and business dealings but highlight a tax he’s vowed to abolish.

President Donald Trump made more than $150 million and paid $38.4 million in federal taxes in 2005, according to two pages of his federal income tax return for that year that were broadcast by MSNBC and posted online.

President Donald Trump made more than $150 million and paid $38.4 million in federal taxes in 2005, according to two pages of his federal income tax return for that year that were broadcast by MSNBC and posted online.

The administration’s plan to slash corporate tax rates could open new opportunities at a time of uncertainty in the energy marketplace.

The very first tax breaks officially endorsed by the president don’t offer great news for most of his supporters.

About 24 million more people would be uninsured under the Republican plan to replace Obamacare, according to the nonpartisan Congressional Budget Office, creating a daunting political impediment for a proposal that would reduce the deficit by more than $300 billion.

Very few preparers would consider changing any part of their system a month before busy season ends, so I won’t offer any of my sage advice. But I will make a suggestion.

Corporate executives polled by BDO USA are expecting big changes over the next four years, if Congress isn't an obstacle.

More than halfway through the 2017 filing season, the IRS reported receiving 5.7 million fewer individual returns than at a comparable point last year.

More than halfway through the 2017 filing season, the IRS reported receiving 5.7 million fewer individual returns than at a comparable point last year.

Here’s the latest indication Wall Street regulations won’t be gutted anytime soon: Republicans who write financial laws are starting to focus on other things.

House Speaker Paul Ryan has used a soft touch to win over rebellious conservatives. But, with his Obamacare replacement bill at stake, he’s delivering a tougher message: It’s time to fall in line.

Deregulation, new accounting standards and an overhaul of the corporate tax code are among the topics likely to come up during annual general meetings this year, according to BDO USA.