Tax

The American Institute of CPAs has sent its tax reform wish list to the half dozen Republicans who are leading a rewrite of the tax code.

Congress is trying to ram through a bill that would reshape the U.S. economy in just a few short weeks, but its leaders have kept the plan shrouded in secrecy and released not a word of legislative text.

House Speaker Paul Ryan’s efforts to kill a deduction as part of a Republican tax overhaul would hit very close to home—among his constituents with homes on glistening Geneva Lake in his southeastern Wisconsin district.

House Ways and Means Chairman Kevin Brady said Wednesday he expects to announce a deal with concerned Republicans from high-tax states on the state and local tax deduction “before the bill will be laid out next week.”

Potential for season’s delay; murder and taxes; home is where the fraud is; and other highlights from our favorite tax bloggers.

President Donald Trump encouraged GOP senators to push ahead with their tax-cut plans Tuesday, hours after feuding publicly with fellow Republican Bob Corker.

The Senate budget agreement moves tax reform back to the other chamber of Congress.

Treasury Secretary Steven Mnuchin got a swift rebuttal after he went on national television to claim a hypothetical Indiana family would save $1,000 under President Donald Trump’s tax plan.

The feud between President Donald Trump and Bob Corker flared up again Tuesday when the Republican senator said the president should stay out of the tax-overhaul effort, expressing concern that the White House has been making it harder for Congress to craft legislation.

The Internal Revenue Service needs to improve the way it deals with erroneous claims for refundable tax credits such as the Earned Income Tax Credit, according to a new report.