The White House supports tweaking final tax legislation to appease lawmakers who want to let constituents deduct state income taxes, according to National Economic Council Director Gary Cohn.

The three biggest stories in Washington—a broad overhaul of the U.S. tax structure, a health-care makeover and a spending bill that would avert a government shutdown—all depend, more or less, on one moderate Republican senator who says she’s got a deal that could deliver them all.

Despite claims to the contrary, the cuts proposed by the GOP aren’t even the biggest in the past five years.

House and Senate Republicans are working this week on compromise tax-overhaul legislation in an effort to send it to President Donald Trump by the end of the year.

Steinhoff International Holdings NV plunged after its chief executive officer resigned amid accounting irregularities, rocking a company that’s rapidly expanded from its roots in South Africa into a retail empire spanning Australia, Europe and the U.S.

Making money in the stock market could get more expensive.

A faction of conservative Republicans is raising warnings about federal spending, two weeks after backing tax-cut legislation that would raise federal deficits by $1 trillion over the next decade.

House and Senate lawmakers plan to begin working this week on compromise tax-overhaul legislation—a key step in their drive to send a package of tax cuts for corporations and individuals to President Donald Trump by the end of the year. Here are the latest developments, updated throughout the day:

Accounting standard-setters are tweaking the rules for the standards taking effect in the next few years, according to officials.

Taxpayers can expect many of their cherished deductions for charitable contributions, family members, and state and local taxes to go away under the Senate tax reform legislation.

Energy lobbyists, who failed to get a range of expired breaks for biofuels to coal-fired power plants into the $1.5 trillion tax overhaul bill making its way through Congress, may get a second chance before the end of the year.

House and Senate lawmakers plan to begin working this week on compromise tax-overhaul legislation—a key step in their drive to send a package of tax cuts for corporations and individuals to President Donald Trump by the end of the year. Here are the latest developments, updated throughout the day:

Still reeling from the devastation of Hurricane Maria, Puerto Rico may be pummeled again by the tax-cut bill in Congress.

As legislators in Washington work to get the most sweeping rewrite of the U.S. tax code in three decades, regions including the European Union and China are expressing their concern that the bill may not comply with international rules and frustration about the effect it may have on local markets.

One of the last-minute, late-night changes Senate Republicans made to their tax-overhaul plan may mean higher taxes for corporations, including technology firms, than the bill’s drafters intended, experts say.

House and Senate lawmakers are poised to begin working as soon as Monday on compromise tax-overhaul legislation—a key step in their drive to send a bill with tax cuts for corporations and individuals to President Donald Trump by the end of the year. Here are the latest developments, updated throughout the day.

Officials with the Securities and Exchange Commission are keeping a close watch on how companies are adjusting to the new revenue recognition and leasing standards.

Republican senators defended the late-night, early-morning debate and vote that produced their sweeping revisions to the U.S. tax code, after criticism from Democrats that the bill’s final version incorporated multibillion-dollar changes made with little discussion.

House and Senate lawmakers say they’ll begin working Monday on compromise tax-overhaul legislation—just a couple days after President Donald Trump introduced uncertainty over a provision that could mean a difference of about $200 billion over 10 years.

President Donald Trump, fresh off a Senate vote that puts him a step closer to passing a tax-cut bill by year-end, declared himself “unbeatable” for re-election—and unexpectedly suggested a critical element of the Congressional tax plan is open to debate.