Tax

The Internal Revenue Service is considering issuing rules that could invalidate some of the last remaining strategies in New York and Connecticut to circumvent the state and local tax, or SALT, deduction cap that kicked in for the 2018 tax year.

A pair of House Democrats has introduced a bill to extend the tax-filing deadline until May 20 to give taxpayers more time to file their taxes.

What types of businesses don’t qualify for QOZ investment, and which types of taxpayers are best suited for the program?

The average tax refund check is nearly identical to last year’s average refund, increasing less than 1 percent to $3,068 in 2019.

Politicians from New York, New Jersey and other high-tax states may be making a lot of noise, but the new $10,000 limit on deductions for state and local taxes, or SALT, isn’t going anywhere any time soon.

The president's former campaign chairman won leniency from a federal judge who sent him to prison for less than four years, but next week he’ll be sentenced in a second case.

The relief applies to due dates that started on March 3.

Teemco player; reverse that merger!; ATM gamble doesn’t pay off; and other highlights of recent tax cases.

Some of the states that are paying the highest amounts in federal taxes are also the ones that will be hurt the most by the $10,000 limit on the SALT deduction.

The agency is subjecting a relatively small percentage of wealthy taxpayers to tax audits, and less than half of the biggest corporations in the U.S.