Tax Strategies

Vice president Kamala Harris said she would seek to end taxes on tipped income for service industry workers — matching a proposal Donald Trump has also made.

Republicans in the Senate stopped a $78 billion package of tax cuts benefiting businesses and low-income families, two constituencies the party needs to win big in November.

Senate Majority Leader Chuck Schumer, D-New York, announced plans to bring up a vote on the Tax Relief for American Families and Workers Act later this week.

Policies that lower the foreign taxes of U.S.-based multinational corporations are unlikely to benefit domestic workers, according to a recent academic study.

The shock replacement of the Democratic presidential candidate less than four months before the election has introduced a new element of uncertainty about the outlook for economic policy in 2025 and beyond.

Expiring provisions and a misunderstanding of how tax law is made top the list of client worries, practitioners say.

The details in the Republican platform provide no specifics on taxes, although extending the expiring provisions of the Tax Cuts of Jobs Act of 2017 is a top priority.

The muni tax-exemption — estimated to cost the U.S. government roughly $40 billion each year — has been mentioned as a target for elimination.

When your clients are divorcing, you need to figure out two things: Which one is your client, and who is their attorney?

The contentious debate included some discussion on tax policy, but Biden's unsteady delivery left many Democrats worried about his ability to continue his campaign.