Tax Strategies

New York State approved a fiscal year 2019 budget that contains provisions to lessen the impact of the new limitations on state and local tax deductions under the Tax Cuts and Jobs Act that Republicans in Congress passed last December.

The changes from the December's reform act make it important for taxpayer's to review their W-4s.

The Internal Revenue Service and the Treasury Department released new guidance Monday on computing the business interest expense limitation under the new Tax Cuts and Jobs Act.

The tax treatment of bitcoin and its ilk raises major questions.

Most Americans will owe less in taxes as a result of President Donald Trump’s overhaul of the U.S. tax code, but in a few jurisdictions, about one in 10 will be paying more, according to an analysis released Wednesday by the Tax Policy Center.

Although you might view yourself as a spreadsheet expert, there's always room for improvement with functions like IF and VLOOKUP.

A provider of cloud-based tax and financial planning services recently made its proprietary technology available to independent advisors, accountants and tax professionals.

House Republicans are approaching their next attempt at tax cuts the same way they did last year — by excluding Democrats.

Governor Phil Murphy’s progressive agenda, outlined in his first New Jersey budget, depends on approval of $1.5 billion in new riches from Democratic lawmakers reluctant to increase residents’ financial burden in one of the highest-taxed U.S. states.

The Internal Revenue Service warns virtual currency users they need to disclose gains on their tax returns.