Tax planning

President Donald Trump sought to rally support for his effort to overhaul the nation’s tax code on Tuesday at a conservative policy group that helped write the plan.

Treasury Secretary Steven Mnuchin said the stock market will probably see its gains wiped out if lawmakers fail to deliver planned tax cuts that will benefit corporate America.

KPMG has released its 2018 Personal Tax Planning Guide with information about the current tax laws and guidance to help privately held businesses, business owners and their families deal with the uncertainty of upcoming tax reforms.

The Social Security Administration said it would provide a 2.0 percent cost of living adjustment in 2018, the biggest increase since 2012.

Certain transactions will be subject to new guidelines, and more questions.

Taxpayers who have decided to convert a traditional IRA into a Roth IRA may be wondering if they should take the plunge now and pay tax on the conversion this year, or wait till next year when tax rates may be lower under the reform plan Congress will reportedly consider this fall.

Even the most drastic changes to the Internal Revenue Code won’t diminish accounting and tax pros’ needs for tools that deliver in-depth, accurate info.

The White House is showing “softness” on ending a $1.3 trillion federal tax deduction filers get for their state and local taxes, Senator Bob Corker said Monday, warning that it raises questions about the GOP’s “intestinal fortitude” and could imperil a tax overhaul.

Trump isn’t tied to eliminating the break, which is popular in states with high rates, like New York, New Jersey and California.

By 2027, almost 30 percent of individuals with incomes between $50,000 and $150,000 would see their taxes rise under the elements of a Republican framework for tax legislation released this week, according to an analysis released Friday by the Urban-Brookings Tax Policy Center.

The document provides more detail than a number of other tax reform documents that have emerged from the Administration over the past few months, but it still leaves many specifics to be worked out by Congress's tax-writing committees.

President Donald Trump’s tax plan suggests that wealthy Americans could be in line for a boatload of breaks. At this point, the rich aren’t buying it.

The tax reform plan released Wednesday by Republican leaders and the Trump administration is more focused on corporate taxes than individual taxes, experts say.

President Donald Trump and Republican leaders launched an urgent effort to get a major legislative win this year, announcing a long-awaited tax plan that will immediately set off a fight over how much top earners should pay.

Republicans unveiled a framework for their long-awaited tax reform plan Wednesday, listing a series of tax cuts but with few details on how to raise revenue to pay for the cuts.

There's almost a perfect storm of uncertainties facing tax planners and their clients.

Wolters Kluwer Tax & Accounting released its estimates Monday of tax bracket ranges and other inflation-adjusted tax figures, including the standard deduction and personal exemption level, predicting the biggest tax savings in 11 years no matter what happens with tax reform.

Here’s what we know about the details of the tax reform plan: almost nothing.

Tax reform notwithstanding, the tax research providers Bloomberg BNA and Thomson Reuters both released their predictions Thursday for the annual inflation-adjusted tax rates that the Internal Revenue Service is likely to announce in the coming weeks.

Kevin Brady, the chief House tax writer, told the chamber’s Republicans that White House leaders and congressional leaders working on a tax plan will release a framework the week of Sept. 25.