Tax

The very first tax breaks officially endorsed by the president don’t offer great news for most of his supporters.

Presidents have always needed to play a major role in this kind of change, the former congressman points out.

Tax pros share the issues they’re most concerned about for this year’s returns.

About 24 million more people would be uninsured under the Republican plan to replace Obamacare, according to the nonpartisan Congressional Budget Office, creating a daunting political impediment for a proposal that would reduce the deficit by more than $300 billion.

Very few preparers would consider changing any part of their system a month before busy season ends, so I won’t offer any of my sage advice. But I will make a suggestion.

Corporate executives polled by BDO USA are expecting big changes over the next four years, if Congress isn't an obstacle.

The company has raised $30M to date, and the funds will be used to further develop its tax filing software.

H&R Block Inc. reported that its revenues declined $22.7 million in the third fiscal quarter of 2017 due to the delayed tax season.

The IRS is seeking nominees for its Electronic Tax Administration Advisory Committee.

Once health care is tamed, President Donald Trump and Congress will turn to other bears, such as the byzantine U.S. tax code. Conveniently, a new report has come out on legal tax avoidance.