Tax

Rhode Island Governor Dan McKee is warming to the idea of a tax on the wealthy as one way to bolster the state's resources after a particularly turbulent year for its economy.

After a year of rolling policy shocks, the U.S. economy is set to get a lift from President Trump's tax-cuts package to keep the expansion on track in 2026.

The U.S. and more than 100 other countries finalized an agreement that would exempt American companies from some foreign taxes.

Scheme over, good buddy; what a load of bullion; and other highlights of recent tax cases.

The bipartisan bill aligns the deadline for claiming prior-year refunds or credits with the extended filing period granted to taxpayers hit by natural disasters.

The tax deduction applies to new cars assembled in the U.S. purchased from 2025 through the end of 2028.

From the decline of the 150-hour rule to staff cuts at the IRS and the ongoing impact of PE, the last 12 months have been very busy for the profession.

The proposed regulations relate to the new deduction for interest paid on vehicle loans incurred after Dec. 31, 2024, to purchase new made-in-America vehicles for personal use.

Just dropping that tax return off at your local post office may no longer be proof that you met the deadline.

Whether crypto tax legislation is coming; don't miss QSBS savings; Bears on the move; and other highlights from our favorite tax bloggers.