Tax

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.

New rules let those living overseas get the numbers from certified acceptance agents.

The president is directing the Treasury to review regs to see if they’re too burdensome.

Administration officials are suggesting it might not be revenue-neutral.

The Internal Revenue Service has released a revenue procedure that provides guidance on several aspects of the Protecting Americans from Tax Hikes Act of 2015, including the expensing of section 179 property, the additional first-year depreciation deduction, and the qualified Indian reservation property depreciation provision.

The solution targets the complex needs of cannabis-related businesses.

Treasury Secretary predicts the Trump administration will produce an ambitious plan to overhaul the U.S. tax code “soon.”

False losses claimed; kids’ IDs for sale; ‘lavish lifestyle’ becomes eight months in jail; and other highlights of recent tax cases.