Tax rates

The Internal Revenue Service issued a notice to corporate taxpayers to provide more information about the tax rates they will be paying as they transition to the new tax law.

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

The Internal Revenue Service has tweaked some of its previously released brackets and limits.

As U.S. banks were tallying up the billions of dollars in extra profits they’ll reap from the sweeping tax cuts signed into law by President Donald Trump, they were quietly delivering unwelcome news to local governments: The interest rates on their loans were about to go up.

With the passage of the sweeping tax overhaul, small businesses and entrepreneurs are scrambling to understand how the changes will affect them.

Opponents of the new corporate tax cuts were right. Many companies didn’t pay the full rate before the law passed—so they won’t see splashy reductions in 2018, according to their own estimates.

Fiscal-year companies and their accountants will have some calculating to do.

The Internal Revenue Service released updated tax withholding tables for 2018 Thursday to reflect changes for the Tax Cuts and Jobs Act, amid warnings that the tables may not be accurate and will need further refinements.

The drop in corporate rates could causes issues with deferred tax assets and liabilities.

If you’re confused by how the Republican tax bill will affect you, you’re not alone.