Trump tax plan

The Trump administration’s fiscal year 2019 budget proposal includes increasing oversight of paid tax preparers along with more authority for the Internal Revenue Service.

The political network backed by billionaires Charles and David Koch is launching a $4 million advertising campaign against two Senate Democrats facing re-election in 2018, as it starts to fulfill a pledge to spend $20 million selling the federal tax overhaul passed late last year.

With the season underway, preparers are still fine-tuning software, workflow and clients’ ability to realize that reform generally doesn’t affect the returns worked on now.

More than 100 members of the Georgia Society of CPAs recently visited the state capitol building in Atlanta to press lawmakers about the issues of most importance to accountants.

The bipartisan budget deal signed into law Friday by President Trump contains 36 tax extenders that had expired at the end of 2016 and makes them retroactive to 2017.

The American Institute of CPAs is asking the Internal Revenue Service to provide relief from tax penalties to taxpayers who are required for the first time to file information returns related to Controlled Foreign Corporations.

President Donald Trump said on Thursday he will nominate California tax attorney Charles “Chuck” Rettig to lead the Internal Revenue Service as it puts the Republican tax overhaul into practice.

Ever since the passage of the Tax Cuts and Jobs Act, the headlines have been buzzing about the resulting income tax consequences for individuals and businesses, but what about the intersection with estate planning?

Audit committees at public companies should be aware of some of the accounting implications of the new Tax Cuts and Jobs Act, according to a new report from Ernst & Young.

Tax cuts signed by an America First president are turning out to be a major boon to some of the world’s biggest automakers—except those based in the U.S.