Tax

Companies that stockpiled trillions of dollars offshore free of U.S. income tax may get one last break before paying up—provided their fiscal years don’t follow the calendar year.

Crooks have already started targeting tax professionals this year.

National Taxpayer Advocate Nina Olson outlined concerns about how the Internal Revenue Service will be able to implement the new tax law after a series of budget cuts, in her new report to Congress.

Call it the liberal (arts) penalty. This year’s tax overhaul slapped a 1.4 percent levy on the annual investment income of the wealthiest private university endowments. Republicans targeted the measure so narrowly that it ended up as a tax almost entirely on elite blue-state institutions.

Warren Buffett said the U.S. tax cut will make companies more valuable by giving owners a bigger share of profits.

States’ SALT pushback; taxes and the Golden Globes; coining a new investing phrase; and other highlights from our favorite tax bloggers.

The Tax Cuts and Jobs Act that President Trump signed into law last month limits the tax deductions that accountants, lawyers and some other types of professionals can claim, reflecting some of the rules for Qualified Small Business Stock.

Taxpayers may not be prepared for the ramifications of their side jobs.

President Donald Trump told a group of farmers on Monday that recent tax cuts and deregulation will revitalize the U.S. rural economy.

Confusion over reform legislation will bring clients in -- but it won't guarantee that they return.