Tax

Taxpayers can make a late election, or revoke an earlier election, for the tax break for property they have acquired for a business.

Democratic presidential contenders divided sharply on Tuesday over whether middle-class taxes would have to increase to pay for a government-run health care system known as “Medicare for All.”

A federal judge in Montana overturned an Internal Revenue Service rule that would allow many political nonprofit groups to keep their donor lists private.

The cost of lipstick; making meetings effective; virtual warnings; and other highlights from our favorite tax bloggers.

The Supreme Court decision in Kaestner harkens back to Quill.

As the original National Taxpayer Advocate, Nina Olson, retires, practitioners want someone to build on the strong foundation she created.

Tax reform brought plenty of problems, but some were pleasantly surprised.

Senator Ted Cruz is pressuring Treasury Secretary Steven Mnuchin to quickly deliver a tax cut to investors by indexing capital gains to inflation.

Secretary of Education Betsy DeVos is calling on Congress to allow the Internal Revenue Service to give the Department of Education information on the income of student loan borrowers, warning that student loan applicants are misrepresenting their income and family size to qualify for reduced payment plans.

The American Institute of CPAs sent a set of recommendations to the Internal Revenue Service on the application of excise taxes to donor-advised funds.