Tax reform

Taxpayers can make a late election, or revoke an earlier election, for the tax break for property they have acquired for a business.

Tax reform brought plenty of problems, but some were pleasantly surprised.

At the top of the list is one particularly vexing provision: the section 199A qualified business income deduction.

Politicians from both sides of the aisle in Washington are agitating for curbs on the record pace of stock buybacks planned by American companies.

GILTI and FDII may be encouraging companies to invest more abroad, rather than repatriating their income.

The creation of a Practitioner Services Division would make a big difference.

The Internal Revenue Service offered additional information for multinational companies repatriating their foreign profits under the Tax Cuts and Jobs Act.

The Securities and Exchange Commission teamed up with the North American Securities Administrators Association to explain the application of federal and state securities laws to opportunity zone investments.

The Internal Revenue Service has posted a draft version of a new tax return for senior citizens, as well as a new draft version of the Form 1040 for 2019 that taxpayers and practitioners will be filing next year.

IRS audit rates have dropped, but that doesn’t mean clients shouldn’t be prepared.

The commercial real estate industry should rejoice, according to Klatzkin & Co.’s John Blake.

The biggest tax challenge for a majority of corporate tax executives is staying up to date with all the changes associated with the 2017 Tax Cuts and Jobs Act, according to a new survey.

Experts share what practitioners should be paying attention to for the rest of the year.

The Internal Revenue Service has released rules with the formula that determines how much Ivy League universities and other wealthy colleges will pay under a new tax.

Some private educational institutions are now facing taxes on their investments under the Tax Cuts and Jobs Act.

Democratic presidential front-runners largely agree on their first tax priority: Scrap the TCJA and institute new levies to pay for social programs.

In the aftermath of tax season, practitioners need to look ahead to broader concerns.

The debate about the cap on federal deductions for state and local taxes has flipped the tables for lawmakers.

They’re an eclectic bunch — some of the nation’s most privileged heirs alongside entrepreneurs who have made spectacular fortunes in real estate, finance and Silicon Valley. But collectively they’re united on the need to tax more of the richest Americans’ assets.

Olson delivered what is likely to be her final public speech Friday before retiring at the end of July from nearly 19 years of running the Taxpayer Advocate Service.