Tax Strategies

House GOP leaders are forging ahead with a vote on a second phase of tax cuts this month, despite dissension from Republicans in high-tax states who say the measure would hurt their voters.

The Internal Revenue Service is hoping to expand the number of states who share data with the IRS as part of a joint federal and state program that’s trying to crack down on tax evasion.

Economists question how much the change would juice the economy, especially if the president tries to do it without Congress.

President Donald Trump said he’s considering a capital gains tax break by issuing a regulation that would index gains to inflation.

Thanks to the new TCJA, the bank's deals could become a lot more lucrative.

The Internal Revenue Service’s initial guidance on the executive compensation deduction won’t settle all of the lingering questions.

Taxpayers in New York and Connecticut still have a few potential options to avoid the hit from a new cap on state and local tax deductions, while residents of other high-tax jurisdictions may only have creative estate planning as a last resort.

The IRS is blocking the charitable workarounds high-tax states like New York approved in response to the tax law’s $10,000 limit.

The Queen of Soul is a case study in the dangers of poor financial planning.

The Internal Revenue Service put the tri-state area on notice: The charitable workarounds New York, New Jersey and Connecticut approved following the new federal cap on deductions for state and local taxes aren’t acceptable to the federal government.