-
What does the 2024 Trump tax plan mean for you and your clients this time around?
November 26 -
A New York Republican congressman says that lifting the cap on state and local taxes will be crucial to getting Trump's tax overhaul through the House.
November 21 -
Uncertainty around sunsetting provisions should have professional athletes planning ahead on their taxes.
October 29 -
This election season could have a more significant effect on tax policy than most. How can CPAs guide their clients through this potential volatility in tax policy?
October 1McGuire Sponsel -
Rev. Proc. 2019-48 lays out the new rates for taxpayers who don't want to substantiate their actual expenses.
September 20 -
The former president pledged to lift a cap on the state and local tax deduction valuable to many New York homeowners that he imposed as president.
September 19 -
Donald Trump said that he would revive the state and local tax deduction, a popular tax break for New Yorkers that the former president limited during his time in the White House.
September 17 -
Taxpayers earning more are more likely to choose to itemize their deductions, while taxpayers earning less tend to favor the standard deduction.
September 16 -
The SALT cap is one of several tax issues to be confronted next year, with key portions of Trump's 2017 tax cuts expiring at the end of 2025.
June 13 -
If marijuana is reclassified, lots of businesses may want to reconsider their structure.
May 30