Tax code

New York State's revenue could feel the impact of the One Big Beautiful Bill Act unless it makes changes in its tax laws.

Even though the One Big Beautiful Bill Act made substantial changes in the Tax Code, one area where that may not be seen so much is in terms of simplification.

The IRS has released the vast majority of the code used to develop its Direct File program, theoretically allowing anyone to build their own versions.

Under current laws, qualified investors living in the commonwealth are not required to pay local or federal taxes on capital gains, including crypto appreciation.

The country's only public Major League Baseball team is facing off against the Tax Code in a lonely battle over player pay that threatens to cost it millions.

A majority of Americans do not know that many provisions of the Tax Cuts and Jobs Act are temporary and set to expire this year, according to a new survey

As the expiration of key Tax Cuts and Jobs Act provisions looms, tax pros are preparing for what could be another period of upheaval.

While other parts of the Tax Code are updated routinely, the passive activity threshold has stayed frozen in time, punishing hardworking Americans.

The limits of DOGE; big pharma and the TCJA; soda tax misaimed; and other highlights from our favorite tax bloggers.

As we enter the beginning of 2025, bonus depreciation continues to leverage down as more portions of the Tax Cuts and Jobs Act expire.

Trump's tax policy guy; states copy the feds; what's in a name; and other highlights from our favorite tax bloggers. 

The unchanged tax code; AI hype; M&A promise; and other highlights from our favorite tax bloggers.

While large companies can afford not to currently expense research and development costs, but many small companies can't, say experts.

AitM; IRS strategies after Chevron; the taxman's jackpot; and other highlights from our favorite tax bloggers.

The Internal Revenue Service and the Treasury Department issued guidance answering questions related to educational assistance programs.

The timing of restructuring will be critical, though, thanks to its significant tax implications.

Our confusing Tax Code; IRS mail problems; disaster victims' deadline; and other highlights from our favorite tax bloggers.

R&D amortization requirements are becoming a major issue for many companies, causing a significant tax burden they may not be able to handle.

Chief obstacles; tax illiteracy; what makes a great preparer; and other highlights from our favorite tax bloggers.

Nuances of VAT; financial gift ideas; welcome, outstanding offenders; and other highlights from our favorite tax bloggers.