Tax

Leaders of the biggest economies formally backed a plan to overhaul the way countries tax multinationals in a bid to stem rate competition.

The service is sending notices to taxpayers who deferred their Social Security taxes last year, reminding them that half the taxes will be due by the end of this year.

A new round of haggling started, as they worked to fill in details and deal with last-minute attempts to restore priorities that had been left out.

Influential lawmakers still want various tax provisions in the bill.

Tag, you’re it; daddy’s little nominee; across state lines; and other highlights of recent tax cases.

The Section 179D incentive would jump from $1.80 per square foot for efficiency improvements to a sliding scale between $2.50 and $5.

As Congress wrangles, advisors are struggling to figure out how to help clients.

Potential new provisions could create a seismic shift in tax.

Arizona Senator Kyrsten Sinema, a crucial swing vote for Democrats, has given the Biden administration a list of specific tax policies she will support in order to raise revenue for the social spending plan Democrats hope to pass this year.

The president’s tax agenda, crafted by experts who worked on the proposals for years and wrote books about their ideas, is getting a wholesale revamp as Democrats battle to find a program their caucus can unite behind.