Tax reform

The legislation aims to make cuts for individuals permanent, but isn’t likely to go far in the Senate.

House Ways and Means Committee chairman Kevin Brady, R-Texas, plans to introduce legislation next week to make permanent the individual and small business tax breaks from the Tax Cuts and Jobs Act.

House GOP leaders are forging ahead with a vote on a second phase of tax cuts this month, despite dissension from Republicans in high-tax states who say the measure would hurt their voters.

The move will permit a workaround for businesses to the $10,000 limit on state and local tax deductions in the Tax Cuts and Jobs Act.

The American Institute of CPAs says companies haven't received enough guidance yet on a requirement of the new tax law.

NCCPAP's Stephen Mankowski offers a tour of the top issues from the TCJA, changes to the 1040, and other major developments in tax.

GOP leaders may drop the effort for further tax legislation, fearing it could backfire by antagonizing voters in some hotly contested Congressional districts.

Tax reform, the cannabis industry and cyberthreats are just three of the dangers that are looming large in malpractice insurers’ nightmares.

Lawmakers approved the measure this spring as a way to get around limits in the new federal tax law on state and local tax deductions.

Thanks to the new TCJA, the bank's deals could become a lot more lucrative.