Trump tax plan

The omnibus appropriations bill that lawmakers are expected to approve ahead of a Friday deadline to avoid a government shutdown includes extra money for the Internal Revenue Service to implement the Tax Cuts and Jobs Act, while changing a provision in the TCJA that advantaged farm cooperatives over other types of grain companies.

Lawmakers are on the cusp of settling on a $1.3 trillion bill to avoid a government shutdown this weekend after reaching compromises on a fix to the tax law and other issues.

December’s reform law could help drive down the take.

The European Union published proposals Wednesday for a 3 percent Digital Turnover Tax on the European B2B revenues of digital giants such as Google, Apple, Facebook, Amazon (termed GAFA in Europe), Uber and Airbnb.

More rush regulation; figuring reasonable compensation; software versus you; and other highlights from our favorite tax bloggers.

Many preparers report a flood of early clients with questions about tax reform.

A new academic study suggests that the provisions in the Tax Cuts and Jobs Act encouraging companies to repatriate their foreign earnings back to the U.S. at a reduced tax rate could lead to more spending on research and development.

President Donald Trump’s new tax law set off a false alarm for homeowners planning to borrow against their houses.

The Treasury Department issued a strongly worded statement in response to a report from the Organization for Economic Cooperation and Development.

Republicans are looking to act a lot faster than originally expected to keep the new individual tax breaks from expiring in 2025.