Trump tax plan

The Internal Revenue Service is reminding taxpayers about a change under the new tax law that limits exchanges of property.

A wide-ranging survey on economic issues by EY found that millennials see the current U.S. tax system favoring high-income individuals and companies.

The adjustments in Rev. Proc. 2018-57 are for 2019, for returns to be filed in 2020.

The Tax Cuts and Jobs Act that Congress passed last December is likely to produce some winners and losers when taxpayers file their returns next tax season.

The long-shot change, if enacted, could cause the Republican-championed tax cut to unravel.

The top House Democrat has said demanding the president's tax returns will be one of the first things the new Democratic majority will do, but some party strategists are urging caution.

Democrats may control the House Ways and Means Committee, but neither party is likely to get their way on tax policy.

President Donald Trump said he’s open to raising some tax rates to help pay for a bigger tax break for middle-class Americans.

The guide provides advice to taxpayers and tax professionals about how to handle the Tax Cuts and Jobs Act next tax season.

At least six House Republicans in high-tax states lost their seats Tuesday, defeated in part by voter frustration over the GOP tax law’s new cap on state and local tax deductions.