Finance

Donald Trump’s planned U.S. corporate tax cuts could translate to a big one-time earnings hit for many of the biggest U.S. banks, thanks to tax benefits they generated during the 2008 financial crisis.

(Bloomberg) Donald Trump’s nominee for Treasury secretary said Wednesday that the president-elect’s tax plan won’t ultimately cut taxes for “the upper class.”

U.S. Treasury Secretary-nominee Steven Mnuchin says he will boost jobs by making tax reform his overriding priority.

How the new deadline for Form 1065 will affect businesses and individuals.

In the aftermath of Donald Trump’s election, the American Institute of CPAs has drawn up a list of tax reform priorities for the incoming administration.

The prospects for tax reform in an incoming Trump administration with a Republican-dominated Congress appear more likely, but that’s assuming Congress will be able to get over its traditional dysfunction.

Get ready for more buybacks. Companies in the S&P 500 Index will spend most of their sizable cash hoard buying back stock next year, analysts at Goldman Sachs Group Inc. write in a new note.

The American Institute of CPAs has written a letter to Congress suggesting legislative changes in the new partnership audit regime ushered in by last year’s bipartisan budget deal.

Wolters Kluwer Tax & Accounting has written a special post-election tax briefing on the tax law changes that could occur when Donald Trump takes office next year. The changes could be yuuge.

With Donald Trump having aligned his tax plans with those of Congressional Republicans over the course of the campaign, his election puts the GOP in a position to enact significant changes in the nation’s tax system.