Tax deductions

The Treasury and the IRS have offered a method to keep up with changes made by the Tax Cuts and Jobs Act.

The president said he would consider changes to a controversial cap on the federal deduction for state and local taxes.

The IRS has given pass-through businesses and their accountants the long-anticipated final word on how they can claim one of the biggest perks in the 2017 Republican tax overhaul.

The longest government shutdown in U.S. history could cause tens of thousands of businesses to make a tough choice.

When the Tax Cuts and Jobs Act was passed in a whirlwind vote at the end of 2017, significant questions arose about implementation of the new law.

New IRS regs on the Tax Cuts and Jobs Act throw the industry some curveballs.

Major tax reform changes that practitioners and taxpayers should keep an eye out for during filing season.

For business use, taxpayers will be able to deduct 58 cents a mile starting Jan 1.

There has been a lot of confusion about which businesses will qualify for the pass-through deduction and other tax breaks.

How small employers and sole proprietors can maximize tax deductions for coverage.