Tax

A rare show of bipartisan unity unfolded Tuesday, with 18 lawmakers making the case for an expansion of the state and local tax deduction.

Better enforcement; for fans of tax crime; partner sabbaticals please; and other highlights from our favorite tax bloggers.

The guidance gives renewable energy companies more time to develop projects that were delayed by COVID-19.

The House introduced bipartisan legislation Tuesday to provide tax deductions for timber growers to recover from the loss of forests.

The near doubling of the capital gains tax rate would have a large impact on the net profit from any sale of any capital asset.

Taxpayers won't be able to recover previously paid Medicare taxes and NIIT.

It’s counterintuitive, but the cash benefit of delaying payouts can outweigh rate increases, thanks to compounding over time.

The Senate GOP Leader wants to head off an effort to use a fast-track process to pass a Democrat-only bill with trillions in spending and tax hikes on the wealthy.

An influential group that sets tax-reporting standards for major commodities suppliers will meet to discuss removing the company's representative from its board.

Practitioners have plenty of time to advise clients on multiple savings opportunities.