Income taxes

The size of clients’ tax refunds was up 1.4 percent this tax season, while their overall tax liability was down 24.9 percent.

The Democratic presidential candidate made a mistake on deducting medical expenses in 2013 and 2014.

The Vermont senator and his wife earned more than $1 million in total income in 2016 and 2017.

Citing an “unambiguous legal obligation,” House Ways and Means Committee Chairman Richard Neal set the IRS a deadline of April 23 to hand over President Donald Trump’s tax returns before potentially resorting to other legal options.

The California lawmaker, one of 18 declared candidates for the 2020 Democratic presidential nomination, released 15 years’ worth of returns.

The Minnesota senator who is seeking the 2020 presidential nomination has already released 12 years of returns dating back to 2006.

Surveys show just one-fifth of taxpayers believe their taxes have gone down.

When Hayden Myer made an eye doctor’s appointment for the end of April, he told the clinic that he might not show up for the visit if his tax refund didn’t arrive in time.

A new report urges against the taxation of robots, with the warning that any such policy would stifle innovation.

A new limit on state and local tax deductions isn’t forcing taxpayers to leave some states, according to Moody’s Investor Service.

House Democrats are looking to find a compromise solution to the Republican tax law’s cap on the amount of state and local levies that can be written off a federal return, a limit they say has caused their constituents to lose out on billions of dollars of deductions.

The rally in the $3.8 trillion municipal-bond market is about to face a major tax-season test.

The Internal Revenue Service issued guidance Friday on how to deal with state and local tax refunds in the context of the $10,000 limit on state and local tax deductions under the Tax Cuts and Jobs Act.

Politicians in mostly Democratic high-tax areas say the new federal cap on state and local tax deductions hurts their residents, but most never got it in the first place.

The Financial Accounting Standards Board is proposing to make further changes in the income tax disclosure requirements for companies to make them more relevant to users of financial statements.

A new limit on the amount of state and local levies that can be deducted has costly and confounding implications for some, especially in high-tax places.

The Institute for Professionals in Taxation will hold its two State Income Tax Schools this July in Hartford, Conn. for SALT professionals.

The main tax revenue for U.S. states declined by an average of almost 2 percent during the last three months of 2018 from the same quarter a year earlier.

The Internal Revenue Service is considering issuing rules that could invalidate some of the last remaining strategies in New York and Connecticut to circumvent the state and local tax, or SALT, deduction cap that kicked in for the 2018 tax year.

Politicians from New York, New Jersey and other high-tax states may be making a lot of noise, but the new $10,000 limit on deductions for state and local taxes, or SALT, isn’t going anywhere any time soon.