Tax reform

President Donald Trump said Friday that U.S. economic growth promoted by his policies would help the world, seeking to square his “America First” agenda with globalism.

Paychex identifies the main regs, laws and proposals business owners and their advisors should be paying attention to this year.

The eye-popping $38 billion tax bill that Apple Inc. said it plans to pay on its mammoth pile of accumulated foreign earnings will probably hit federal coffers in an eight-year trickle, not a one-time torrent.

Opponents of the new corporate tax cuts were right. Many companies didn’t pay the full rate before the law passed—so they won’t see splashy reductions in 2018, according to their own estimates.

Thomson Reuters has released several resources to help tax and accounting professionals deal with the Tax Cuts and Jobs Act.

The influential Koch political network is urging President Donald Trump to reject a proposal made by the U.S. Chamber of Commerce to increase the federal gas tax to help modernize American roads, bridges and other infrastructure.

President Trump reportedly plans to name Charles Rettig, a California tax attorney, as the next commissioner of the Internal Revenue Service.

New York state lawmakers could punch a $50.6 billion hole in the federal government’s budget by revamping their state income tax.

The short-term spending bill that President Trump signed into law Monday night includes provisions that delay or suspend three taxes mandated by the Affordable Care Act that have not yet taken effect.

The first few months of 2018 are a critical time for tax, legal and accounting advisors to speak with business clients regarding how the new tax law will affect their cash flow.

Dual U.S.-Canadian citizen with private corporations need to pay attention.

The Business Roundtable, a lobbying group for American chief executives that’s seeking to bolster its clout in Washington, quadrupled spending in the last three months of the year compared to the same period a year earlier as it threw its support behind President Donald Trump’s tax bill.

Four more Staff Q&A documents deal with various financial accounting and reporting implementation issues.

The Tax Cuts and Jobs Act has been marketed as a much-needed simplification for American taxes, and American expatriates comprise a tax-paying demographic most in need of simplification of the tax requirements.

New York Governor Andrew Cuomo announced plans Thursday to target a tax break for investment fund managers in his state.

European Union regulators reacted coolly to Apple Inc.’s move to repatriate hundreds of billions of overseas dollars to the U.S., saying “nothing has changed” in its order for the iPhone maker to pay back taxes to Ireland.

Fiscal-year companies and their accountants will have some calculating to do.

Farewell, Ireland: it looks like corporate America will finally bring that cash home.

New York state would end income taxes on wage earners and make up the revenue with an employer payroll tax that’s federally deductible as part of a restructuring plan that Governor Andrew Cuomo is recommending to mitigate harmful effects of the new U.S. tax code.

Repositioning real estate; state-level changes; the future of prep; and other highlights from our favorite tax bloggers.