Trump tax plan

The Internal Revenue Service is considering issuing rules that could invalidate some of the last remaining strategies in New York and Connecticut to circumvent the state and local tax, or SALT, deduction cap that kicked in for the 2018 tax year.

A pair of House Democrats has introduced a bill to extend the tax-filing deadline until May 20 to give taxpayers more time to file their taxes.

Some of the states that are paying the highest amounts in federal taxes are also the ones that will be hurt the most by the $10,000 limit on the SALT deduction.

The Treasury and the service are seeking public comments on the proposal.

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

Tax pros share the things they overlooked or wish they'd done differently this year.

On the whole, the final regs follow earlier proposals, with some changes to address taxpayer concerns.

Dave Auclair and Dustin Stamper of Grant Thornton's Washington National Tax Office look at the winners and losers from the Tax Cuts and Jobs Act, issues that are still unresolved and areas of the law taxpayers and their advisors need to pay more attention to.

Before Elizabeth Warren’s wealth tax, there was Donald Trump’s wealth tax.

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