Tax

Tax breaks for the profitable; how long to keep tax docs; unenrolled preparers; analytical procedures for auditors; other highlights from our favorite tax bloggers.

The Internal Revenue Service said Tuesday it received 135.6 million returns this tax season after a late burst of tax filings in the final week.

Traders are about to get an idea of how far the president will go to stimulate the economy, after months speculating over the timing and size of his tax plan.

There are two different programs to help taxpayers with the cost, and more may be on the way.

The president’s plan to slash the rate to 15 percent is setting up a showdown with the House Speaker, who has called for a tax plan to pay for itself.

Even without any specific tax-reform proposals, President Donald Trump’s pledge to revamp U.S. policies is already affecting the solar industry, and not in a good way.

The U.S. has opted out of certain international bank reporting rules, and that may be of interest to high-net-worth individuals overseas. Venable’s Friedemann Thomma explains what this might mean for U.S. tax professionals and accountants.

Observers are starting to move their predictions for change back to 2018.

Many firms fire staff after tax season. The reason being that they feel they needed to get through tax season and those who are not good are let go as soon as practical. I did it differently.

The president will call for cutting taxes for individuals and lowering the corporate rate to 15 percent after briefing GOP leaders.