Tax reform

The Internal Revenue Service knocked down one way for hedge fund managers to dodge restrictions in President Donald Trump’s tax law. But for some managers, there’s still a way out.

Labor groups are pressing corporations they bargain with to disclose details of what they’re doing with savings from the Trump tax cuts.

Helping clients navigate the compexities of tax reform is a priority.

Much of this filing season is being given over to planning for the next one.

The changes from the December's reform act make it important for taxpayer's to review their W-4s.

The Internal Revenue Service and the Treasury Department released new guidance Monday on computing the business interest expense limitation under the new Tax Cuts and Jobs Act.

Most Americans will owe less in taxes as a result of President Donald Trump’s overhaul of the U.S. tax code, but in a few jurisdictions, about one in 10 will be paying more, according to an analysis released Wednesday by the Tax Policy Center.

House Republicans are approaching their next attempt at tax cuts the same way they did last year — by excluding Democrats.

U.S. retailers came out swinging against new tariffs that will be imposed against China, saying they represent a $50 billion tax on American consumers.

The omnibus appropriations bill that lawmakers are expected to approve ahead of a Friday deadline to avoid a government shutdown includes extra money for the Internal Revenue Service to implement the Tax Cuts and Jobs Act, while changing a provision in the TCJA that advantaged farm cooperatives over other types of grain companies.

December’s reform law could help drive down the take.

The European Union published proposals Wednesday for a 3 percent Digital Turnover Tax on the European B2B revenues of digital giants such as Google, Apple, Facebook, Amazon (termed GAFA in Europe), Uber and Airbnb.

Many preparers report a flood of early clients with questions about tax reform.

President Donald Trump’s new tax law set off a false alarm for homeowners planning to borrow against their houses.

Republicans are looking to act a lot faster than originally expected to keep the new individual tax breaks from expiring in 2025.

Tax breaks for individuals should be made permanent in future legislation, according to the incoming White House economic adviser.

The U.S. Chamber of Commerce is asking the Internal Revenue Service for more guidance on the Tax Cuts and Jobs Act, asking for language specifying how qualified business income and limitations on business interest should be defined, among other matters.

Two trade groups representing farmer cooperatives and feed producers have reached an agreement to resolve a technical problem in the Tax Cuts and Jobs Act, with the support of Republican leaders in Congress who hope to include the provision within a larger appropriations bill.

New Jersey Governor Phil Murphy proposed taxing online-room booking, ride-sharing, marijuana, e-cigarettes and internet transactions along with raising taxes on millionaires and retail sales to fund a record $37.4 billion budget that would boost spending on schools, pensions and mass transit.

The Internal Revenue Service provided additional information Tuesday to help corporate taxpayers deal with the new section 965 transition tax for repatriating foreign profits under the tax law that Congress passed in December.