Tax reform

Republicans and Democrats will be working on the perennial problem of what to do about the temporary tax breaks that need to be renewed every few years.

The Republican senator is on a crusade to compel corporations to prioritize long-term growth over quarterly profits.

Planning for the deduction can yield significant tax savings.

A decade ago, Angelo Mozilo was the face of the housing bust that preceded the financial crisis. Now the former chief executive officer of Countrywide Financial Corp. is predicting another drop, and for some homeowners it may be even worse.

The Democratic presidential candidate doesn’t want to fully repeal the new tax law, breaking with rival and fellow Senator Kamala Harris.

The Tax Cuts and Jobs Act creates the opportunity for big tax savings from restructuring a company's status.

And while they’re paying less, they’re reserving judgement on the final impact of the act.

The senator said she’d seek to repeal all of the tax overhaul, including its breaks for wealthy earners, corporations and the middle class.

A bipartisan group of lawmakers has introduced legislation to offer tax relief to children who have lost a parent serving in the military after recent reports that “Gold Star” families are facing unexpectedly heavy tax bills because of the implications of a provision in the Tax Cuts and Jobs Act.

Three bills that would make major change have already emerged from the Ways & Means Committee.