Tax Strategies

President Donald Trump is considering ideas to raise taxes on the rich as a way to partially offset revenue losses from his tax package.

Congress will be drafting its multitrillion tax cut proposal in the coming weeks, almost certainly reflecting the priorities of a small minority of constituents.

The university pushed back against the U.S. government after President Donald Trump said the school should lose its tax-exempt status.

Harvard's tax-exempt status affords the school a variety of benefits, such as not having to pay traditional property taxes on educational buildings.

Rep. Jeff Van Drew thinks House Republicans will end up approving a $30,000 cap on the state and local tax deduction.

The openness to a new 40% tax bracket for millionaires comes after decades of Republicans opposing any form of tax increase.

Donor-advised funds are continuing to grow while enjoying substantial tax deductions -- even as many contributions go to other DAFs.

Senate Republicans took a major step toward enacting President Donald Trump's tax cut agenda and increasing the U.S. debt ceiling.

A sizable increase to the current $10,000 limit on SALT write-offs would represent a major victory for a crucial group of swing-district House Republicans.

As the expiration of key Tax Cuts and Jobs Act provisions looms, tax pros are preparing for what could be another period of upheaval.