The president said he would consider changes to a controversial cap on the federal deduction for state and local taxes.

House Democrats are facing off with Republicans over getting their hands on the president’s tax returns.

The Financial Accounting Standards Board hopes to simplify the move to the new credit loss rules by offering an option to measure certain assets at fair value.

People who ended up with unexpectedly large tax bills after the Tax Cuts and Jobs Act have been tweeting their displeasure at President Trump.

A New York state lawmaker has introduced a bill that would make President Donald Trump’s “opportunity zones” tax break less valuable to real estate developers.

The Tax Cuts and Jobs Act has complicated an already-complicated situation.

New York collected $2.3 billion less income-tax revenue than predicted for December and January, and the governor blamed the new federal tax law.

The president is likely to boast about the Tax Cuts and Jobs Act and its boost to the economy during the annual address.

Wayfair and the Tax Cuts and Jobs Act continue to dominate.

Most organizations are using manual workarounds to comply with the new rev rec standard, according to a survey by Ernst & Young.

The Defense Department will soon force accounting firms it hires to disclose investigations they face.

Two major factors are shaping the filing season that just started.

NCCPAP's Neil Fishman talks about the issues facing small firms and sole practitioners.

The Internal Revenue Service reportedly had to cope with 5 million pieces of unopened mail when its employees returned to work after the 35-day government shutdown, and the agency posted advice on its website on how it was working to resume normal operations.

The Financial Accounting Standards Board held a roundtable discussion on its new credit losses standard, with some mid-tier banks asking it to reconsider.

A perk pitched as a boon for mom-and-pop businesses in President Donald Trump’s tax law could shut out smaller real estate investors while benefiting the industry’s largest property developers.

Senators Chuck Grassley and Ron Wyden asked to keep the program going for tax practitioners in the wake of the government shutdown.

Every IT audit can be a new snowflake of chaos with few repeatable processes, multiple systems of record and totally siloed audit trails of log files and records.

Open for business; new challenges for small biz; football-related tax tips; and other highlights from our favorite tax bloggers.

A trio of Republican senators has reintroduced legislation to get rid of estate taxes completely.