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The $1 million threshold at which the 23.8% capital gains rate would nearly double has sparked questions — and a strategy for some well-paid professionals.
August 24 -
Declines in income and boosts to government subsidies wiped away tax liabilities.
August 19 -
A CPA and a corporate communications vet are at the forefront of trying to reinstate the state and local tax deduction.
August 10 -
It's not the medals themselves — it's the prize money and the sponsorship deals that add up.
August 9 -
The company acquired Tax Prodigy, which calculates income tax-related elements of financial statements.
August 6 -
The Justice Department directed the Treasury Department to hand over former President Donald Trump’s tax returns to Congress, a move that means six years of Trump’s personal and business financial information could become public.
July 31 -
New York City mayoral candidate Eric Adams told a group of House lawmakers that the limit on the state and local tax deduction is harming the city.
July 29 -
Intuit has decided to leave the Free File Alliance after coming under criticism for making it difficult to access a truly free version of TurboTax.
July 19 -
The Internal Revenue Service has begun offering online Tax Pro Accounts that practitioners can use for submitting an authorization request to an individual client’s own taxes online with the IRS.
July 19 -
Democrats may include at least a partial expansion of the state and local income tax deduction in the $3.5 trillion budget outline that Senate Democrats agreed upon this week.
July 15









