Tax Strategies

The Microsoft co-founder believes it’s appropriate for wealthy people to pay much higher taxes.

The Democratic presidential candidate would limit American families’ expenses to 7 percent of income regardless of how many children they have in care.

Amazon.com Inc. walked away from billions of dollars of public subsidies when it announced Thursday it was abandoning plans for an office complex in New York. But it can still qualify for federal tax breaks intended to help distressed communities by building a new Virginia data center in America’s wealthiest county.

Florida’s Chief Financial Officer was quick to jump on Twitter Thursday, after Amazon.com Inc. scrapped its plan for a headquarters in New York City, reminding the company about the state’s tax policies and good weather.

The Treasury and the IRS have offered a method to keep up with changes made by the Tax Cuts and Jobs Act.

The exclusion for gain of qualified small-business stock may become a common part of more deals.

Women with at least four children will be exempt from paying personal-income tax.

City Council members thrashed the retailer for its resistance to unions, working conditions at warehouses and its founder’s wealth.

The president said he would consider changes to a controversial cap on the federal deduction for state and local taxes.

Higher rates tend to be a good thing for the state and local government bond market, a haven for investors looking for income that’s exempt from federal taxes.