Tax reform

The reductions might not do all that much to help the economy in 2018.

President Donald Trump repeatedly slammed Senate Majority Leader Mitch McConnell over the past two days over the failure of Congress to eliminate Obamacare, escalating a war of words with a fellow Republican who is key to advancing the president’s agenda.

The White House is reaching back to a past administration for a strategy to get tax reform passed.

Corporate shareholders shouldn’t expect a big payout if the U.S. moves to a territorial system where multinationals can repatriate their foreign profits without paying heavy taxes on them.

Nearly three-quarters of tax, finance and business professionals are not confident that comprehensive tax reform will be passed in Congress in 2017, according to a recent Deloitte poll, while nearly half are doubtful about tax reform’s prospects.

Republicans struggling to pass a major tax overhaul that doesn’t add to the federal deficit are discussing a kind of compromise: mixing permanent revisions with temporary rate cuts for individuals and businesses.

An overhaul of the system should appeal to liberals and conservatives alike.

Bill de Blasio would raise the city's highest income-tax rate to 4.41% from 3.88%.

NCCPAP president Steve Mankowki discusses their concerns for preparers and their clients.

A TIGTA audit also found that that the service did not send out all the notifications it was supposed to.

The Senate confirmed the new assistant secretary for tax policy just before its summer recess.

Private sector employers created 178,000 jobs last month, according to payroll giant ADP, with gains seen in all sizes of businesses and most industries, except manufacturing.

Representative Ted Yoho had hoped to spend the August recess in his North Florida district making the case for a tax overhaul. Instead, the third-term Republican said he doesn’t know what to say when his constituents ask what the revamp will mean for them.

A group of 45 Senate Democrats has sent a letter to President Donald Trump and Republican Senate leaders calling for bipartisan talks on tax reform, but with three preconditions.

White House officials outlined what one of them called an “aggressive” timetable Monday for getting a tax overhaul in place before the end of the year.

Republican congressional leaders doubled down on their pledge to overhaul the U.S. tax code by the end of the year after party leaders abandoned a proposal to tax companies’ domestic sales and imports.

After times of only tepid support for President Donald Trump’s agenda, the billionaire Koch brothers are putting their financial muscle behind the White House’s plan to overhaul U.S. taxes.

A top income-tax rate of 44 percent for Americans earning more than $5 million per year isn’t under consideration, a White House official said Monday, knocking down a proposal said to be backed by top Trump adviser Steve Bannon.

After the collapse of the Obamacare repeal, Republicans may have to choose between pursuing another health bill or pushing through a tax overhaul this year, because there’s almost certainly not enough time to do both.

Republican leaders billed their decision to abandon a controversial plan to tax companies’ domestic sales and imports as an essential step toward uniting their efforts to overhaul the U.S. tax code—but its death adds new complications to an already intricate task.