Tax Strategies

Private universities won’t be taxed on unrealized income from their billions of dollars in assets before the levy was approved.

The Internal Revenue Service said Friday it plans to issue regulations may limit the impact of a new excise tax on the endowments of private colleges and universities under the new tax law.

Cost segregation treatment has been around for a long time, so why is it more relevant now than ever? The answer: bonus depreciation.

The state recently released its most recent list of those who owe it the most.

Florida’s long-running effort to lure Wall Street hotshots is gaining traction thanks to a provision in the federal tax law that hits residents of high-tax states.

Because of quirky rules, even profitable teams can generate paper losses that erase the tax bills on an owner’s other business interests.

The Tax Cuts and Jobs Act is having a major impact below the federal level.

A district court decision could require rethinking tax strategies on assets held abroad.

A new notice offers details on how the Tax Cuts and Jobs Act is forcing changes in write-offs for items like job-related cars and moves.

New Jersey Attorney General Gurbir Grewal warned the Internal Revenue Service that he will fight any challenge to a law that preserves state and local property-tax deductions.