Tax deductions

New reports indicate the effects of the Tax Cuts and Jobs Act on the self-employed are still unclear to many of them.

The software helps taxpayers determine the new Section 199A tax break on qualified business income of partnerships and S corporations under the new tax law.

The Tax Cuts and Jobs Act is forcing companies to reconsider where they are hiring and assigning workers.

Clients need help navigating the TCJA in areas such as philanthropic giving and deductions.

Changes in the Tax Cuts and Jobs Act have created confusion as to what’s deductible.

The Internal Revenue Service updated Friday the tax year 2018 annual inflation adjustments to reflect changes from the recent tax reform law.

White House OMB head Mick Mulvaney will be able to weigh in as the Internal Revenue Service clarifies dozens of the new tax law’s provisions.

New York State approved a fiscal year 2019 budget that contains provisions to lessen the impact of the new limitations on state and local tax deductions under the Tax Cuts and Jobs Act that Republicans in Congress passed last December.

The Internal Revenue Service and the Treasury Department released new guidance Monday on computing the business interest expense limitation under the new Tax Cuts and Jobs Act.

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