Tax

The justices questioned a state’s ability to tax income from a trust based on the beneficiaries residing there before taking any distributions.

The proposed regulations offer further details about a provision of the Tax Cuts and Jobs Act aimed at spurring real estate investment in needy communities.

The size of clients’ tax refunds was up 1.4 percent this tax season, while their overall tax liability was down 24.9 percent.

The senator really hates it when corporations that report billions of dollars in profit pay little or no tax to Uncle Sam.

Another one in the books; bias in the TCJA; talking basis; and other highlights from our favorite tax bloggers.

Extend tax season for half a day to debrief. You will be so glad you did.

Some of the largest U.S. technology companies pushed for a corporate tax overhaul in 2017 by suggesting they would go on hiring sprees and boost the economy. Just over a year after getting what they wanted, data show these firms gave most of their huge tax savings to investors.

The president promoted the tax overhaul on Tax Day, even as the law has swelled the deficit and failed to gain traction with voters in last year’s midterm elections.

The Democratic presidential candidate made a mistake on deducting medical expenses in 2013 and 2014.

The Vermont senator and his wife earned more than $1 million in total income in 2016 and 2017.