Tax

The European Union is on course to hand dozens of U.K.-based companies a pre-Brexit tax bombshell, according to people familiar with a state-aid probe that could lead to bills exceeding 1 billion pounds ($1.3 billion).

House Republicans unveiled a 2019 budget proposal Tuesday to send a message to their core supporters that repealing Obamacare, cutting taxes and partially privatizing Medicare remain high on their agenda.

Too many credits; marriage, investing and taxes; South Carolina and Amazon; and other highlights from our favorite tax bloggers.

Good move, Genius; thousands in gold coins; can’t afford to pay; and other highlights of recent tax cases.

Advertising, building a client base and handling technology all present major issues to a new practice.

Warnings about the impact of tax reform apparently haven’t made much of a difference.

The Internal Revenue Service and the Treasury Department are going to amend the Section 987 regulations to postpone them for another year.

Jonathan Blattmachr, an estate planning lawyer, is such a fan of the strategy he’s created to help some of his wealthy clients get around the new property tax deduction cap that he’s using it himself.

The American Institute of CPAs sent a list of more than 150 recommendations for the Internal Revenue Service to add to its Priority Guidance Plan where it would like to see the IRS provide more clarity, with a particular spotlight on the Tax Cuts and Jobs Act.

Ernst & Young has released a study on some trends it is seeing at companies around the world.