Tax Strategies

An inside look at the Biden's administration's proposals for paying for its infrastructure plans.

It’s all but inevitable that the Biden administration, as well as lawmakers at the state level, will target millionaires and billionaires for more levies.

Sen. Ron Wyden proposes ending existing tax breaks for fossil fuels and creating new incentives for low-and-no carbon energy sources.

Lawmakers should closely study the impact of the deduction before making changes, the No. 3 House Democrat James Clyburn said.

Many RIAs can qualify for this lucrative benefit. Here’s what you need to know this tax filing season.

The Netherlands, long considered to be at the heart of a system of multinational corporate profit-shifting, has signaled that it’s ready to support a U.S. proposal that ends the practice.

Trump’s legislative triumph has put President Biden in a bind.

Democratic and Republican House members are forming a bipartisan group to push for a repeal of the $10,000 cap on state and local tax deductions, demonstrating a broadening campaign to restore a valuable tax break.

Republicans are working on developing a far smaller infrastructure package than the Biden administration’s American Jobs Plan, relying on user fees such as tolls instead of corporate tax increases.

Seventeen Democrats told House Speaker Nancy Pelosi they would be ready to oppose any tax legislation that doesn't restore the break.