Finance, investment and tax-related legislation

An inside look at the Tax Relief for American Families and Workers Act of 2024 as it works its way through Congress.

Congress moved one step closer to enacting $78 billion in business and child tax breaks Friday, although election-year politics add risk to the legislation's prospects.

Proponents of affordable housing are hearted by provisions related to the Low-Income Housing Tax Credit, saying they could result in financing over 20,000 homes.

The proposal would eliminate so-called double taxation of Taiwanese workers and firms in America.

A group of Senate Democrats and independents introduced legislation Thursday to eliminate loopholes and tax breaks for billionaires.

The bipartisan legislation would relieve double-taxation of investments between the U.S. and Taiwan for businesses and employees.

Among the items now stalled are a measure to extend federal banking protections to marijuana companies operating in states where the drug is legal and negotiations to restore tax breaks for business spending on research and development.

A new survey suggests small businesses see the economy — and the tax service — improving.

Energy credits and a more responsive IRS seem to be the main talking points practitioners are hearing about.

The cost of the IRA's uncapped tax credits and incentives is almost impossible to pin down.

The Kentucky senator plans to block legislation to reduce double taxation for those involved in U.S. and Taiwan cross-border investment.

Business entities subject to the CTA will face significant new reporting and related record-keeping obligations. There are several things advisors should consider.

Legislation to extend the 20% deduction for pass-through businesses beyond its expiration date in 2025 is attracting bipartisan support in the House and Senate.

The legislation would make clear when and how crypto firms should register with the SEC or the CFTC, which would gain new powers to directly oversee some trading.

Forty of the most important court cases, revenue rulings, laws, regs and other guidance in the world of tax.

The advisory committee's annual report offers a long list of recommendations and potential improvements.

Republicans on the Ways and Means Committee advanced a series of bills aimed at reducing taxes but also rolling back parts of the IRA.

The American Institute of CPAs sent its members to visit lawmakers on Capitol Hill to advocate for various bills.

GOP legislation in the House aims to prevent the U.S. from participating in the multinational tax changes the Biden administration helped negotiate with the OECD.

Members of the Senate and House introduced bipartisan legislation to build more housing with the credit.