Tax

The House tax committee aims to make official several of President Trump's campaign tax pledges, and to avoid a millionaire tax.

The Internal Revenue Service has not yet satisfied the goal of the Payment Integrity Information Act to reduce improper payment rates to less than 10%.

The investment strategy may generate much greater loss harvesting than direct indexing, but backers point out that they work much differently.

House Republicans are struggling to resolve issues with President Trump's multitrillion-dollar tax package, including the SALT deduction.

The committee also proposes limiting states' ability to pay their share of Medicaid by placing a moratorium on new or increased taxes on medical providers.

Billions of dollars allocated under former President Biden's Inflation Reduction Act would be rescinded under a portion of Trump's sweeping tax package.

The proposal calls for increasing the maximum child tax credit to $2,500 and raising the estate tax exemption to $15 million.

The debate over state and local tax deductions has been a thorny fight because it's a political priority for a small but vocal group of Republicans.

The proposal would create a tiered system of taxation so that wealthy colleges and universities pay more as the size of their endowment grows.

It remains unclear why the companies struck the deal without an IRS purchase, but Carahsoft previously said it stands by the cybersecurity tech transaction.