Tax reform

Because of quirky rules, even profitable teams can generate paper losses that erase the tax bills on an owner’s other business interests.

A new Bloomberg Tax survey shows them grappling with a range of taxation issues.

Paychex reported a slight increase in job and wage growth at small businesses in May, although the pace of wage growth dipped slightly compared to last year.

The Tax Cuts and Jobs Act is having a major impact below the federal level.

The private equity firm has an enticing pitch for the ultra wealthy: Invest in hedge funds and avoid paying taxes forever.

As Congress considers bills for changing the tax service, practitioners weigh in.

A new notice offers details on how the Tax Cuts and Jobs Act is forcing changes in write-offs for items like job-related cars and moves.

New Jersey Attorney General Gurbir Grewal warned the Internal Revenue Service that he will fight any challenge to a law that preserves state and local property-tax deductions.

The House Ways and Means Tax Policy Subcommittee held a hearing Wednesday on how the new tax law is affecting small businesses, hearing testimony from a CPA firm owner and others.

The Internal Revenue Service and the Treasury Department intend to issue proposed regulations to address the deductibility of state and local tax payments.

The New Jersey Society of CPAs' June gathering will give special attention to industry changes over the next year, decade and beyond.

Seattle levied an annual tax of about $50 million on big companies last week to help solve the city’s homeless problem. The tax was watered down from the original proposal but it was controversial and pitted the city against its most powerful corporate resident, Amazon.com Inc.

A New York Republican introduced legislation in the House that would waive the new tax on about 30 wealthy college endowments if they spend 25 percent of their annual investment earnings on reducing the cost for middle-income students.

President Donald Trump’s tax overhaul could wreak havoc on prenuptial agreements across the country — and maybe even his own.

Thomson Reuters released a report Tuesday examining how states are imposing corporate income taxes on out-of-state e-commerce sites.

A couple of weeks ago I had lunch with Sidney Kess and Chaya Siegfried.

Preparers share how they'd change things if they could do 2018 over again.

In their annual visit to the Hill, Enrolled Agents also pushed for minimum standards for tax preparers.

Private colleges facing a new endowment tax may “behave strategically” to avoid paying it, according to a study published Thursday by a senior researcher at the Federal Reserve Bank of Cleveland.