Tax

The average plan holds less than $29,000, which would pay for about half of a year at the average private university or a year or more at a public one.

While the immediate threat of a default would recede, the deal would merely delay the fight to December.

The president has warned progressives that they will have to temper expectations for the final legislation.

What pros are making; getting clients to pay; keeping the SALT cap; and other highlights from our favorite tax bloggers.

The agency is working on the problems, but is continually being inundated with phone calls and tax returns.

For accounting offices and mobility leaders, the realities of managing a remote workforce, both positive and negative, are setting in.

World leaders, celebrities and more used hundreds of thousands of shell companies in Panama to hide their assets and take advantage of accounting and tax loopholes.

Democrats risk settling for a less generous expansion of the state and local tax deduction than previously hoped after President Joe Biden conceded that lawmakers will have to scale back his economic agenda to get it enacted.

Biden informed Democrats that a separate infrastructure bill would need to wait until the social welfare and tax package was complete.

Policies held in grantor trusts would be subject to estate tax under Democrats’ plan, the latest blow to wealth management for the affluent.