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Donald Trump made a break from conservative orthodoxy on Sunday when he backed away from proposing large tax cuts for wealthy Americans.
May 9 -
Donald Trump said hedge fund guys are getting away with murder when he called for ending a lucrative tax advantage for investment managers, but his published tax plan would give them an even bigger break.
May 9 -
The anonymous whistle-blower who leaked millions of Panamanian legal documents related to secret shell companies offered to help authorities investigate and prosecute criminal cases that might arise from them in exchange for immunity.
May 9 -
Broad guidance governing tax-free spinoffs is just not gonna happen anytime soon, and companies contemplating them will have to keep seeking opinions on a case by case basis, a senior Internal Revenue Service official said.
May 9 -
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Mid-market corporations in the U.S. could lose up to $1 trillion in equity value if the ability to deduct interest expenses is eliminated, according to a new study.
May 6 -
A company called MorphoTrust USA plans to use selfies next tax season to help taxpayers avoid the risk of losing their tax refunds to identity thieves.
May 6
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A bipartisan group of lawmakers in both the House and Senate are asking the Internal Revenue Service and the Treasury Department to remove the barriers to providing tax-exempt refinancing options for student debt.
May 6 -
Grant Thornton LLP has launched Grant Thornton Fixed Asset Services, combining its tax know-how with Bloomberg BNAs fixed assets cloud-based software.
May 6 -
President Barack Obama said Congress should pass legislation to rebuild U.S. infrastructure, raise the minimum wage and crack down on money laundering and tax evasion, after his administration released a plan to make it harder for people to hide money in the U.S.
May 6
