Income taxes

Senate Republican leaders drafting a measure to revamp U.S. health-care policy appear to be following the same path as their House counterparts—writing a bill behind closed doors before springing it on other lawmakers and the public close to a vote.

The Internal Revenue Service had to roll out a manual process last year to provide advance payments on Health Coverage Tax Credits every month to health plan administrators on behalf of displaced workers and retirees, but it mistakenly provided the tax credits for thousands of people who were old enough to qualify for Medicare.

The Republican plan to repeal and replace the Affordable Care Act now heads to the Senate for consideration.

House Republicans mustered just enough votes to pass their health-care bill Thursday, salvaging what at times appeared to be a doomed mission to repeal and partially replace Obamacare under intense pressure from President Donald Trump to produce legislative accomplishments.

The Congressional Research Service has issued a report summarizing the proposed tax changes in the "Better Way" tax reform blueprint released last summer by congressional Republicans.

Deductions for state and local taxes; ‘stealing from the dead;’ how to do away with refundable credits; and other highlights from our favorite tax bloggers.

Many of the president's "core principles" were similar to promises he made on the campaign trail, including a reduction to 15% in the rate for businesses.

Taking a cue from the failed Repeal and Replace healthcare process, the Trump administration Wednesday released a broad outline of its tax reform plan, with many details to be spelled out in legislative form during negotiations with Congress.

The White House made its opening bid for what officials called the “biggest tax cut” in U.S. history—with cuts that would benefit businesses, the middle class and certain high-earning individuals—but left unanswered questions about whether the plan would be paid for, or how.

The income tax software is web-based and designed for midsized businesses.

As taxpayers and tax professionals race to finish up their tax returns by April 18, or opt to file for an extension, there are still a few last-minute things they can do, along with plenty to think about for next year.

Compared with the rest of the world, we don't pay that much, according to the OECD.

The Internal Revenue Service saw a sharp drop-off in tax returns in the first half of filing season, according to a new report.

Jonathan Mariner, former CFO of Major League Baseball and now president of TaxDay, discusses how to help clients such as professional athletes deal with taxes in the different states where they work.

The president warned House Republicans in a closed-door meeting Tuesday that many of them could be fired in the 2018 elections if they don’t approve legislation to replace the ACA.

The nonpartisan Congressional Budget Office released its highly anticipated scoring of the American Health Care Act this week, and many commentators have observed that several of the CBO's findings will make the legislation a tougher sell for Republicans.

The Form 1040 that leaked out this week revealing the first two pages of Donald Trump’s 2005 tax return contained a few revelations, with some tantalizing hints of what might be found in the rest of the president-to-be’s tax filings. Tax expert Bill Smith of CBIZ MHM provided an in-depth analysis to Accounting Today.

Leaked pages of President Donald Trump’s 2005 tax return offer no new details about his foreign income and business dealings but highlight a tax he’s vowed to abolish.

The proposal includes a new premium tax credit, the repeal of a number of pay-for taxes, and more -- and it may divide Republicans.

An analysis written for an influential bloc of U.S. House conservatives derides a key component of a new Republican plan to replace Obamacare, faulting a provision offering tax credits to individuals who wouldn’t otherwise have access to health insurance.