Tax

The deduction for state and local taxes could be a major stumbling block for reform.

The U.S. tax code is uncompetitive and overly complex, and it’s time for politicians and special interests to set aside partisan interests and pass reform legislation, JPMorgan Chase & Co. Chief Executive Officer Jamie Dimon said.

President Donald Trump will try to make the case that corporate tax breaks would benefit middle-class wage earners Wednesday evening—and an excerpt of his speech suggests he’ll use a measure of salesmanship.

The IRS and Equifax; pass-through problems; and other highlights from our favorite tax bloggers.

The tax reform framework released last month by the Trump administration and Republican leaders in Congress could provide tax cuts or tax increases, depending on how the details are ultimately finalized.

The Internal Revenue Service issued a new warning Tuesday to users of its online e-Services cautioning them to beware of a new phishing scam that attempts to trick tax professionals into “signing” a new e-Services user agreement.

The Internal Revenue Service could be auditing more tax returns where it sees big discrepancies in the payments reported on the Form 1099-K and the income reported on tax returns, according to a new report.

When the extent of their losses becomes clear, hurricane victims will want to know what tax help they're entitled to.

UBS Group AG suffered a setback in a long-running French tax probe as a court rejected its bid to stop a former executive from striking a plea deal in the case.

Allies of President Donald Trump say they fear his feud with Republican Senator Bob Corker risks unraveling the White House tax overhaul effort and that another major legislative failure could hobble the administration for the rest of his term.

Accountants can now see all financial deadlines associated with whichever country their clients operate in.

The House took a giant step on the path of tax reform by adopting a budget resolution for fiscal year 2018, while the Senate Budget Committee advanced its own version.

U.S. online retailers like Amazon.com stand to gain from the Trump administration’s push to throw open the doors for Canadians and Mexicans to buy American goods duty-free.

Tax cuts and deregulation can help the U.S. economy grow faster than the recent pace of about 2 percent, National Economic Council Director Gary Cohn said.

Practitioners discuss how to hold onto an acquired book of business.

Oh, baby; all in the family; 63 calls to Western Union; and other highlights of recent tax cases.

A new TIGTA report finds that inappropriate selection criteria at the agency might also have ensnared liberal groups.

Congressional leaders expect heavy lifting ahead.

Taxpayers who have decided to convert a traditional IRA into a Roth IRA may be wondering if they should take the plunge now and pay tax on the conversion this year, or wait till next year when tax rates may be lower under the reform plan Congress will reportedly consider this fall.

The Internal Revenue Service released guidance Wednesday to give tax relief to residents of Puerto Rico and the U.S. Virgin Islands who have evacuated the islands or were unable to return because of Hurricanes Irma or Maria.