Tax

Residents with high earnings in these 20 states get a bigger break on their taxes, paying a smaller percentage of their income.

The Internal Revenue Service and the Treasury Department issued guidance answering questions related to educational assistance programs.

The growing fixed-income products carry some risks, but their returns this year are attracting more financial advisors and their clients, according to experts.

Donald Trump's new proposal to exempt tips from taxation would add between $150 billion to $250 billion to the federal budget deficit over 10 years, a budget watchdog group forecast on Monday.

The Internal Revenue Service is setting up a new unit to target the use of basis shifting between related parties as a way for partnerships to avoid paying taxes.

The Supreme Court asked the solicitor general to weigh in on whether a Pennsylvania tax case has federal ramifications.

For tax pros, the IRS is also hosting recruiting events at its Nationwide Tax Forums.

If you have clients with employees in more than one state, they must pay attention to the payroll-related rules and tax responsibilities in the states where those staff live and work.

Donald Trump promised CEOs he would lower the corporate tax rate to 20%, further reducing the income levy on the largest U.S. companies that he already slashed while president.

Republican lawmakers, including some who have been skeptical of higher tariffs, said Trump's pitch was well received.