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The Finance Committee is expected to approve Trump’s nomination of a tax attorney as the next head of the Internal Revenue Service.
July 17
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Four Democratic-led northeastern states sued the Trump administration to invalidate the new $10,000 cap on the federal tax deduction for state and local taxes.
July 17
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The service will help taxpayers manage the new withholding tables.
July 17
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These provisions of the Tax Cuts and Jobs Act offer practitioners big opportunities to help clients.
July 17
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The upcoming rules may affect one tactic that some wealthy taxpayers have been using to get around the cap on deducting local property taxes.
July 13
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The IRS and Treasury have unveiled a proposed postcard-sized version of the workhorse form.
July 12
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The bill would allow taxpayers to treat the amounts paid for membership at a fitness facility as medical expenses.
July 12
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CPAs and EAs are raising objections to the draft version of the Employee’s Withholding Allowance Certificate.
July 12
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The nation’s new tax law is scaring would-be homebuyers from Westchester, a longtime refuge for families escaping New York City’s high costs.
July 12
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The recent tax overhaul is buoying optimism in the U.S., but not abroad.
July 12
