Tax Strategies

The Internal Revenue Service and the Treasury Department intend to issue proposed regulations to address the deductibility of state and local tax payments.

President Donald Trump’s tax overhaul could wreak havoc on prenuptial agreements across the country — and maybe even his own.

The U.S. lost a bid to help Apple Inc.’s court fight against the European Union’s order to pay Ireland a record 13 billion euros ($15.3 billion) in unpaid taxes.

Tax knowledge is considered to be the most important factor when choosing a financial advisor, according to a new survey, which also found the CPA credential to be the one most associated with financial advice.

Many of the biggest beneficiaries of President Donald Trump’s tax overhaul haven’t even been born yet.

A key figure disappeared from Apple Inc.’s latest quarterly report. It’s also gone from the regulatory filings of Netflix Inc., Microsoft Corp., Google’s Alphabet Inc. and Oracle Corp.

While the IRS audit rate is decreasing, it’s still important to educate your clients on the things that commonly trigger an audit.

The American Institute of CPAs suggested more than 30 changes to the Internal Revenue Service for the Form 990, Return of Organization Exempt from Income Tax, and its instructions, some of them marked as urgent.

The 20 percent pass-through deduction could provide a major benefit for gig economy workers and the self-employed, but there are also some important caveats.

A new online tool called TEOS replaces the old EO Select Check service with more details and filings from nonprofits and charities.