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Advocates say they'll continue pushing for the write-off, but it is not widely popular.
December 20 -
New forms’ questions; taxpayers behaving badly; why people leave; and other highlights from our favorite tax bloggers.
December 14
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The pandemic-related tax provision permits more people to deduct donations to qualifying charities on their 2021 federal income tax return.
December 14 -
A group of 99 House Republicans has sent a letter to Internal Revenue Service commissioner Charles Rettig asking for information about how the IRS plans to fix the backlog of unprocessed tax returns before the 2022 filing season.
December 10 -
Practitioners can serve medical workers well by encouraging them to take the necessary time to establish a long-term tax plan.
December 8
Cannon Advisors -
Key negotiators continue to clash over the specific income limits for one of the unresolved issues in President Joe Biden’s economic agenda.
December 8 -
Mary Trump said her uncle’s lawsuit over her role as a source for a report on the former president’s tax avoidance violates a law against frivolous litigation.
December 3 -
Senate Democrats negotiating an expansion of the state and local tax deduction aren’t near a deal, raising the prospect that talks will spill into next week — and potentially next year.
December 3 -
After months of talk of steep tax increases on the wealthy, a kinder reality has emerged for well-off clients.
November 30 -
Negotiations over the deduction hit a new snag with two key lawmakers at odds over whether the plan should raise revenue for other spending priorities.
November 30 -
Coming brackets; rising expatriations; meeting behavior and aftermaths; and other highlights from our favorite tax bloggers.
November 23
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It’s a cliche that’s out of date, advisors say; instead, investors should actively consider the tax consequences before making market moves.
November 23 -
Dueling proposals would deliver large tax cuts to the wealthy while failing to do much for middle-income households, according to a new analysis from.
November 19 -
Well-off professionals in costly areas of the U.S. are set to get a windfall from competing plans to change the deduction limit for state and local taxes.
November 17 -
Sen. Bernie Sanders is working on a proposal to set an income threshold for an unlimited state and local tax deduction.
November 17 - Persistent IRS logjams and errors muddle financial planning for millions on eve of new filing season
The agency has cleared out much of its mammoth backlog of unprocessed returns, but scores of individuals and small business owners remain in limbo.
November 16 -
The tool will help U.S. withholding agents comply with their reporting and withholding responsibilities with Form 1042-S.
November 15 -
Despite a host of issues, they aim to vote this week on the roughly $2 trillion tax and spending bill.
November 15 -
Donor-advised funds increased their donations to charities last year in response to the COVID-19 pandemic, hitting the biggest levels in over a decade.
November 12 -
Lawmakers representing high-tax areas are pushing to make the SALT deduction on federal income taxes a priority.
November 12



















