The institute is asking lawmakers to change provisions on SALT deductions for pass-through entities, contingency fees for tax prep, and business loss carryforwards.

In the world of depreciation planning, one small timing detail continues to fly under the radar — and it's costing taxpayers serious money.

The item calls for increasing tax rates for individuals and companies from countries whose tax policies the U.S. deems "discriminatory."

The ruling could present a new obstacle for Republicans who are relying on the revenue to help offset the cost of a $4 trillion tax cut moving through Congress.

The Trump administration is changing many prior policies, but supporters of this proposal are calling for further action to protect the complex tax savings maneuver.

Elon Musk expressed dissatisfaction with President Donald Trump's giant tax bill, saying it undercut his efforts to slash government spending.

Practitioners are working to get clients in line so they can fulfill IRS requirements to prove their clients qualify for particular credits.

The artificial intelligence company was facing legal scrutiny in the weeks before it went bust.

Investors in nations with tax regimes that the U.S. deems unfair would face higher tax rates on income earned in the U.S. if the tax bill becomes law.

The measure would clamp down on energy tax credits created or expanded by the 2022 Inflation Reduction Act by imposing a slew of new restrictions.

Here's a rundown of the House bill's main provisions impacting people and businesses.

The far-reaching legislation would transfer the responsibilities of the Public Company Accounting Oversight Board to the Securities and Exchange Commission.

The reconciliation process allows tax and spending legislation to pass with a simple majority in the Senate, but the bill still needs to survive the Byrd Rule.

The bill would end clean electricity tax credits for sources like wind and solar starting in 2029 and require projects to begin construction within 60 days.

It would extend Trump's first-term tax cuts due to expire Dec. 31, along with new tax relief including raising the limit on deducting state and local taxes.

Accountants are helping worried companies deal with the possible fallout from drastic tariff and tax changes.

President Trump said his massive tax package is close to being finalized, but the White House has yet to win over a faction who want more spending cuts.

This year's uncertainty in Washington is resulting in an unclear tax landscape, especially with deductions from real estate holdings and capital expenditures.

The revised version of President Donald Trump's economic package would move up work requirements to December 2026 from 2029.

The $40,000 SALT limit will phase out for annual incomes greater than $500,000, and the income phaseout threshold would grow 1% a year over a decade.