Tax planning

The Internal Revenue Service issued the 2020 optional standard mileage rates that taxpayers and tax professionals can use to calculate the deductible costs of operating an automobile for business, charitable, medical or moving purposes.

Tax pros share what they and their clients think about the proposed tax on the rich.

The Tax Cuts and Jobs Act puts a whole new spin on an old strategy.

The online assistant is aimed at those who need to fill out the redesigned W-4.

This provision of the Tax Cuts and Jobs Act ‘threw everything upside down,’ says one expert.

To help individuals and businesses prepare for filing season, Grant Thornton has released a collection of year-end tax tips.

The Penn Wharton Budget Model says it would raise $2.3-$2.7T, not $3.75T

Plenty of tax deferral and impact investment runway is left even if clients miss the Dec. 31 deadline.

There are still several ways to minimize 2019 tax bills before the end of the year.

New guidance, rules and enforcement efforts from the IRS aim to improve cryptocurrency reporting.