Trump tax plan

Congressional Republicans created a juicy new break for business owners when they rewrote the U.S. tax code late last year. Three months later, hundreds of thousands of U.S. employers still don’t know if they can claim it.

The Speaker of the House visited Atlanta to tout the economic benefits of the new tax law, but the president had other ideas.

The National Society of Accountants wants the Internal Revenue Service to provide a six-month extension for businesses to opt to be treated as S corporations for this year, arguing the current deadline of March 15 is too soon to make a decision given the uncertainty surrounding the new tax law.

When 2018 taxes are due in April 2019, millions of Americans could find themselves owing the government far more than was withheld. Millions of others could find they paid too much in 2018, resulting in unusually large refunds.

Accountants may face their own Section 199A issues

Taxes, cybersecurity, global trade and tariffs, and executive misconduct in the midst of the #MeToo movement are just some of the topics likely to come up at this year’s stockholder events, according to BDO USA.

The impact of the Tax Cuts and Jobs Act is beginning to be felt on hiring.

A lawmaker wants to recapture some of the money the state may be losing from the new tax law's limits on the SALT deduction for individual taxpayers.

Chief financial officers in the U.S. are feeling better than ever in the wake of the tax overhaul enacted late last year.

The TCJA has preparers focusing on both 2017 and 2018

The Internal Revenue Service has tweaked some of its previously released brackets and limits.

Changes in the rules for like-kind exchanges may cause owners to reconsider swapping athletes.

The Tax Cuts and Jobs Act removed a number of provisions that benefited companies.

Highly paid professionals including accountants, investment managers, doctors and lawyers are eyeing a loophole in what’s supposed to be a mom-and-pop benefit of the new tax law as a way to supersize their savings.

Treasury Secretary Steven Mnuchin’s plan to fix a gaping loophole for hedge funds in President Donald Trump’s new tax law could face legal challenges.

States may receive a major boost in their corporate tax revenues as a result of the Tax Cuts and Jobs Act, according to a new report.

The Internal Revenue Service’s announcement that it plans to issue regulations clarifying the limitations on carried interest aims to head off a flurry of activity aimed at getting around a provision of the Tax Cuts and Jobs Act.

CPAs are seeing more need for financial planning for clients with the passage of the Tax Cuts and Jobs Act.

Flush with cash from President Donald Trump’s tax overhaul and bathing in more earnings than they know what to do with, U.S. companies are embarking on a buyback binge of historic dimension.

The Internal Revenue Service wants taxpayers to make sure they have the proper amount of taxes taken out of their paychecks.