Tax cuts

The president-elect vowed to lower the corporate rate to 15% from 21% and is talking with his advisors about cutting levies on capital gains and dividends.

A new analysis from the Committee for a Responsible Federal Budget warns that extending the expiring tax cuts could do almost nothing to grow the economy.

Donald Trump's planned tax cuts would wipe out Canada's slim corporate tax advantage, likely driving more capital from the northern nation.

Scott Bessent is expected to play a key role in pushing for a renewal of Trump's 2017 tax cuts, many of which are set to expire at the end of 2025.

He believes Republicans should be mindful of the effect of tax cuts on the growing national debt.

The GOP defeated Banking Chairman Sherrod Brown in Ohio, fended off an unexpectedly tough challenge to Nebraska' Deb Fischer and picked up the open Senate seat in West Virginia.

This election season could have a more significant effect on tax policy than most. How can CPAs guide their clients through this potential volatility in tax policy?

Bloomberg Tax & Accounting projects that inflation-adjusted amounts in the Tax Code will increase 2.8% in 2025 — roughly half the increase in 2024 and down from 7.1% in 2023.

The Trump campaign is proposing a grab bag of tax cut proposals that could collectively cost as much as $10.5 trillion over a decade.

The Republican nominee for president wants to renew the provisions of the Tax Cuts and Jobs Act.