Tax

The fate of President Joe Biden’s economic agenda rests largely on Speaker Nancy Pelosi navigating deep Democratic rifts and the minefield of promises she’s made to keep the party’s moderate and progressive wings moving toward her goal.

High-earning taxpayers would face much smaller tax hikes — or even cuts — if Democrats decide to restore the federal deduction for state and local taxes in legislation that’s now moving through the House.

Barely any business; happy to take a check; second time’s the charm; and other highlights of recent tax cases.

Jasteck users will transition to Greatland’s Yearli platform.

President Biden plans to urge Democrats to unite, focusing on the struggles of middle class families.

Two of the most generous tax loopholes are on the chopping block, the latest surprise in emerging tax increases.

Expensify Card now offers cash back, and Corvee launches tax planning strategy deep dive webinar series.

The measure could be used to pay for a modification of the cap on the federal deduction of state and local taxes.

The biggest set of U.S. tax increases in a generation took a major step forward on Wednesday.

Lawmakers proposed bipartisan legislation in the Senate to allow the Internal Revenue Service to postpone filing deadlines when a state-level disaster declaration is issued, rather than waiting for the federal government.