Tax

Senate Republicans are coming around to the $40,000 cap on state and local tax deduction key House lawmakers demand in President Trump's massive tax package.

The parliamentarian ruled the proposal is outside of the scope of the fast-track budget process for implementing a $4.2 trillion tax cut.

Rhode Island home sellers would see a conveyance tax rise 63%, and owners of million-dollar properties would pay an additional levy if the budget is signed into law.

The industry is awaiting SEC approval for dozens of applications, even as Vanguard's shareholder case highlights some of the tax complexity of the looming shift.

President Trump's tax-and-spending agenda is nearing a climactic vote in the Senate this week.

The Internal Revenue Service is pushing back filing and payment deadlines for those impacted by the severe weather.

The provision would have eliminated the Public Company Accounting Oversight Board and transferred its responsibilities to the Securities and Exchange Commission.

Plus, Foxit adds 40 integrations for document management; Deloitte and SailPoint expand collaboration on identity management; and other tech news.

Seeking shelter; please be Gentle; where the heart is; and other highlights of recent tax cases.

Republican leaders are pressing to begin voting on the tax bill in the Senate at the end of next week.