Tax reform

The Internal Revenue Service’s recent proposal to extend gift and estate tax exemptions beyond 2025 could spur some large transfers of wealth.

The deferral may not be available to executives, highly compensated officers and those owning 1 percent or more of a corporation’s stock.

There has been a lot of confusion about which businesses will qualify for the pass-through deduction and other tax breaks.

Practitioners share why communication is critical amid the uncertainty of the TCJA.

Here are some of the most important 2018 year-end tax-planning considerations for individual clients from Grant Thornton.

Their verdict: This creation of the Tax Cuts and Jobs Act offers significant benefits to investors.

The Internal Revenue Service has opened an Instagram account where it will share information on the latest tax topics, but probably not many selfies or kitten photos.

As tax pros look more and more at the details of Qualified Opportunity Zones, they're getting more and more interested.

U.S. companies won some concessions from the Internal Revenue Service following proposed regulations that would soften the blow of a new foreign tax — but the rules didn’t go as far as the business community had hoped.

Major changes in last year’s tax overhaul include the so-called GILTI provisions, and the IRS has issued proposed regulations for them.

The Tax Cuts and Jobs Act that Congress passed last December produced some winners and some losers among different categories of taxpayers.

House Ways and Means Committee Chairman Kevin Brady has given up on an additional round of tax cuts. Now, the only tax item he might be able to get passed this year is something he hates: the annual renewal of prized industry tax breaks.

In today’s age of lost tax deductions many accountants are looking for new tax deductions they can offer their clients.

Highly-leveraged companies can start calculating just how much the Republican tax law limits their interest deductions for debt, thanks to 439 pages of regulations released by the Internal Revenue Service on Monday.

House Ways and Means Committee chairman Kevin Brady, R-Texas, released a far-reaching tax and oversight package containing tax extenders, technical corrections to the Tax Cuts and Jobs Act, retirement and other savings enhancements and changes in the way the IRS operates.

The Internal Revenue Service is providing some advice on what to do after deciding to postpone changes to the Form W-4 until 2020.

A provision of the Tax Cuts and Jobs Act limits the tax break for some taxpayers.

Wealthy taxpayers taking advantage of the increased limits won’t have to worry about them expiring so soon.

For some hedge fund investors, President Donald Trump’s tax overhaul adds insult to the injury from poor investment performance.

The Internal Revenue Service is reminding taxpayers about a change under the new tax law that limits exchanges of property.