Tax

The National Association of Enrolled Agents has written a letter to the Internal Revenue Service strongly criticizing the draft version of the new Form W-4, the Employee’s Withholding Allowance Certificate, saying it raises privacy concerns and creates a “substantial risk of underwithholding.”

It was supposed to be the best of times for the biggest U.S. banks: Rising interest rates and corporate tax cuts would boost profitability and spur lending, while deregulation lowered costs.

An obscure tax provision from the 1960s that was left untouched by President Donald Trump’s overhaul could let wealthy individual investors seize for themselves the largest corporate tax cut in U.S. history.

Return of postcard glory; no sunset for reform measures; behavioral science; and other highlights from our favorite tax bloggers.

In many cases, the profitable sale of a second home will result in a tax-favored capital gain.

The site includes special reports, insights and a client letter related to the Supreme Court’s landmark ruling.

The Internal Revenue Service is encouraging practitioners to secure their client data.

The new tax law allows for full and immediate write-offs through 2022.

New, more complicated marital situations call for careful tax planning.

U.S. growth expectations may be too rosy as analysts overestimate how much tax cuts will boost the economy, according to an economic letter from the Federal Reserve Bank of San Francisco.