Tax reform

The Internal Revenue Service’s six additional schedules hardly seem to fit onto a postcard.

Tax pros discuss the issues they're finding as the consequences of tax reform become clearer.

The Large Business and International Division is targeting virtual currency, S corporation distributions and more for extra scrutiny.

This emerging taxpayer community will need special guidance on the new rules.

The draft version of the streamlined form tries to deliver on one of the promises of the tax simplification effort, but adds more schedules.

Bonus depreciation has changed tremendously over the past few years as companies use it to focus on revitalizing and rehabbing their companies and properties.

Thomson Reuters Checkpoint Catalyst has published an analysis of the new Section 199A qualified business income deduction for pass-through entities ushered in by the Tax Cuts and Jobs Act.

The House Ways and Means chairman hopes to begin circulating draft legislation this summer, but only among his Republican colleagues. He envisions tax reform 2.0 as a package of three or four bills, instead of a single piece of legislation like the Tax Cuts and Jobs Act that Congress passed last December.

The IRS’s new 1040 tax form doesn’t exactly fit on a standard postcard as Republicans promised, but it’s smaller and simpler than before — and it may push more filers to use software rather than in-person tax preparers.

National Taxpayer Advocate Nina Olson released her mid-year report to Congress Wednesday, spotlighting her top areas of concern, particularly how the new tax overhaul will be implemented.

Senate Minority Leader Charles Schumer, D-N.Y., is urging the Internal Revenue Service to back down on threats to challenge New York State’s efforts to allow taxpayers to circumvent the limits on state and local tax deductions in the federal tax overhaul.

The Tax Cuts and Jobs Act may have lots of good news for taxpayers, but it also requires answers to a number of questions.

The Tax Cuts and Jobs Act may have lots of good news for taxpayers, but it also requires answers to a number of questions.

The Senate Finance Committee plans to hold a confirmation hearing next Thursday for the nominee for Internal Revenue Service commissioner, Charles “Chuck” Rettig, a Beverly Hills tax attorney.

Republican leaders wanted to tout the six-month anniversary of their tax cuts this week. The rest of Washington was too busy to join the fanfare.

The short form would fulfill one of the promises of last December’s tax overhaul.

Here are the major considerations to keep in mind when developing future strategies that are affected by the tax code's new provisions.

House Republicans unveiled a 2019 budget proposal Tuesday to send a message to their core supporters that repealing Obamacare, cutting taxes and partially privatizing Medicare remain high on their agenda.

Warnings about the impact of tax reform apparently haven’t made much of a difference.

Jonathan Blattmachr, an estate planning lawyer, is such a fan of the strategy he’s created to help some of his wealthy clients get around the new property tax deduction cap that he’s using it himself.