Tax code

Thomson Reuters has released several resources to help tax and accounting professionals deal with the Tax Cuts and Jobs Act.

This week marks the last leg of Republicans’ push to revamp the U.S. tax code, with both the House and Senate planning to vote by Wednesday on final legislation before sending it to President Donald Trump.

Even Bruce McGuire, founder of the Connecticut Hedge Fund Association, understands if wealthy Northeasterners flee the region due to changes in the tax code.

The Senate released the 515-page text of its sweeping tax legislation for the first time Monday evening—and Republican leaders plan to hold a floor vote on it within 10 days.

The right-leaning Tax Foundation lowered its estimate for the boost to economic growth that it says would result from the House Republican tax bill.

The Tax Cuts and Jobs Act makes major changes to individual income taxation.

The U.S. tax code is uncompetitive and overly complex, and it’s time for politicians and special interests to set aside partisan interests and pass reform legislation, JPMorgan Chase & Co. Chief Executive Officer Jamie Dimon said.

When the extent of their losses becomes clear, hurricane victims will want to know what tax help they're entitled to.

Allies of President Donald Trump say they fear his feud with Republican Senator Bob Corker risks unraveling the White House tax overhaul effort and that another major legislative failure could hobble the administration for the rest of his term.

Your firm’s tomorrow; quantifying clients; and other highlights from our favorite tax bloggers.

The Senate Finance Committee held a hearing Tuesday to discuss reforming the business tax code and heard from a group of panelists, including a representative of the American Institute of CPAs.

The U.S. lost $510 billion in business assets that were acquired by foreign companies from 2004 to 2016 in part because its corporate income tax rate exceeds other countries’, according to a study released Tuesday by a group of top U.S. business leaders.

S corporations are the only entities that owners, partners or shareholders cannot sell to benefit favored charities by using a charitable remainder trust.

Reform speeches; nurturing the best clients; using KPIs; write for Forbes; and other highlights from our favorite tax bloggers.

Tax blogger Robert Flach shares his take on how Congress should approach revamping the code.

The framework issued by the 'Big Six' is thin on specifics.

President Donald Trump is planning to kick off one of the most important sales pitches of his presidency this week—getting Americans fired up about rewriting the U.S. tax code.

Back to school; a possible bitcoin bubble; good uses for reverse audits; and other highlights from our favorite tax bloggers.

Top Republican tax writers went to a national shrine for tax cutters—former President Ronald Reagan’s California ranch—hoping to make a sales pitch for a historic overhaul of the U.S. tax code.

White House officials outlined what one of them called an “aggressive” timetable Monday for getting a tax overhaul in place before the end of the year.