Tax breaks

A pair of congressional representatives has introduced bipartisan legislation to discourage abuses of the conservation easement tax break.

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.

Bipartisan legislation would make a technical correction in the Tax Cuts and Jobs Act that has kept many stores and restaurants from renovating their facilities.

Canada is reining in a tax break on employee stock options by introducing a cap that it expects will impact executives of major, established companies.

A pair of Republican and Democratic senators introduced bipartisan legislation to fix one of the technical problems in the Tax Cuts and Jobs Act.

What types of businesses don’t qualify for QOZ investment, and which types of taxpayers are best suited for the program?

New tax incentives might not be enough to convince Corporate America to expand its U.S. operations beyond what it was already planning.

The legislation would retroactively extend tax provisions that expired at the end of 2017 and 2018 through the rest of 2019.

The program encourages the private sector to diversify their investment portfolio while revitalizing urban and rural districts that face economic challenges.

The e-commerce giant scrapped a deal this month to open offices in New York after clashing with local politicians and is backing out of another battle.