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Campaign pledges like no taxes on tips and overtime pay, plus new tax breaks for car buyers and seniors, are the centerpiece of a multitrillion-dollar package.
May 13
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GOP leaders proposed a $30,000 cap on the federal income tax deduction for state and local taxes.
May 13
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House Republicans' release of the tax provisions in their massive fiscal bill provides a crucial initial reading of what party leaders think could pass.
May 13
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A little-known feature of RMD tax withholdings could help minimize a client's effective tax burden. Not all financial advisors are on board with the strategy.
May 12
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The House tax committee aims to make official several of President Trump's campaign tax pledges, and to avoid a millionaire tax.
May 12
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The debate over state and local tax deductions has been a thorny fight because it's a political priority for a small but vocal group of Republicans.
May 9
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President Trump is pushing lawmakers to increase tax rates on some of the wealthiest Americans as a way to offset other cuts.
May 9 -
President Trump said he would be fine with Republican lawmakers raising taxes on the wealthy, but acknowledged the political challenges.
May 9
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The International Ethics Standards Board for Accountants staff posted guidance to support adoption of its Tax Planning and Related Services Standards.
May 8
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Democratic Rep. Gwen Moore introduced legislation to expand the Section 199A Qualified Business Income deduction for the smallest businesses.
May 8
