Tax reform

The service released the final regulations and other guidance on the deduction, which was amended by the CARES Act.

Here are some lessons learned from the 2018 tax year compliance season.

Cost segregation can be more complex than you think, depending on who owns the asset, how the property reports revenue, the nature of repairs and improvements made, and the depreciation time frame desired.

The Internal Revenue Service has issued a set of proposed regulations to provide guidance on the elimination of the deduction of qualified transportation fringe and commuting expenses in the Tax Cuts and Jobs Act.

The international tax provisions of the Tax Cuts and Jobs Act will likely have less impact on the willingness of multinational companies to shift their income abroad than the money they can save by using foreign employees to do research and development.

Tax practitioners talk about the lessons clients are still learning about the Tax Cuts and Jobs Act.

Neil Fishman of the National Conference of CPA Practitioners dissects the current state of the filing season, what to expect in the run-up to April 15 -- and what's coming after that.

A congressional explanation unearths an overlooked benefit from tax reform.

Updating global tax rules could boost government revenue by as much as $100 billion, the Organization for Economic Cooperation and Development said Thursday in an effort to spur complex negotiations between world powers.

Grant Thornton’s National Tax Office picks the top issues of 2019 and 2020.

Top issues and changes for the filing season that’s just begun.

One way the rich get richer is through inheritance, and they’re barely paying taxes on it.

A drafting error in the Tax Cuts and Jobs Act inadvertently removed Qualified Improvement Property from bonus eligible property. This was a mistake and a technical correction was expected. However, none was ever made.

A group of Senate Democrats has launched an investigation of the regulatory process for the Tax Cuts and Jobs Act and the ways in which exceptions were made for corporations as a result of fierce lobbying with the passage of the 2017 tax overhaul.

The Internal Revenue Service said it may provide relief from double taxation in some circumstances to corporations because of the repatriation tax under the Tax Cuts and Jobs Act.

Filing taxes last year was a nightmare for taxpayers, their accountants and the Internal Revenue Service. This year might not be much better.

The Internal Revenue Service unveiled an enhanced Tax Withholding Estimator on its website Tuesday, designed to help workers fill out the new W-4 withholding form and hopefully avoid the problems seen last year when many taxpayers found themselves owing more taxes or receiving less of a tax refund than they expected.

The Internal Revenue Service issued the 2020 optional standard mileage rates that taxpayers and tax professionals can use to calculate the deductible costs of operating an automobile for business, charitable, medical or moving purposes.

The TCJA and Wayfair continue to dominate the landscape.

The Tax Cuts and Jobs Act puts a whole new spin on an old strategy.