Tax

New York Governor Andrew Cuomo is rallying a team of governors from fellow high-tax states to push Congress to repeal the cap on deductions for state and local taxes — an effort that looks doomed to fail.

Average tax refunds are down so far in the first filing season under President Trump’s tax overhaul, prompting the Treasury Department to caution that the data contain aberrations and could be misleading.

The IRS's latest data shows filings are off to a slightly slower start than last year -- but not much slower.

PricewaterhouseCoopers is supporting calls from the Institute and lawmakers who are asking to lower the penalty threshold for taxpayers.

Consumers are confused this year about how the Tax Cuts and Jobs Act will affect them and are asking tax professionals for assistance with their taxes, according to a new survey.

$3 million in phony refunds; caretaker cares for own coffers; ‘serial fraud;’ and other highlights of recent tax cases.

The U.S. charged an Internal Revenue Service analyst with illegally disclosing suspicious activity reports related to the private banking information of Trump's former lawyer.

Another possible sign of problems stemming from the new tax law may be showing up in the software developer's results.

The ratings agency is putting the spotlight on accounting in the first of a series of reports.

The Institute has some recommendations about ways to improve the proposed regulations for implementing limitations under the Tax Cuts and Jobs Act.