Finance, investment and tax-related legislation

Expiring provisions and a misunderstanding of how tax law is made top the list of client worries, practitioners say.

This year's Greenbook proposals contain some greatest hits, including a higher corporate minimum tax.

The SALT cap is one of several tax issues to be confronted next year, with key portions of Trump's 2017 tax cuts expiring at the end of 2025.

R&D amortization requirements are becoming a major issue for many companies, causing a significant tax burden they may not be able to handle.

Sens. Cassidy and Warren teamed up to introduce legislation aimed at making math error notices from the IRS easier to understand.

Senate Republicans don't want to hand President Joe Biden an election-year victory on the legislation, which includes both child and business tax breaks, lawmakers and aides have said. 

Both Donald Trump and Joe Biden have begun laying out their visions for the Tax Code.

The Creating Hospitality Economic Enhancement for Restaurants and Servers would provide a tax deduction for bars, restaurants and entertainment venues with draft beer systems.

The ruling further complicates an already complicated area — the law's mandate around beneficial ownership information reporting.

While passage in the Senate is uncertain, many of the changes could impact 2023 tax returns.

The legislation is still tied up in the Senate, as senators seek changes in some of the provisions, such as the expanded Child Tax Credit.

The Senate may not get to the Tax Relief for American Families and Workers Act soon enough to impact returns.

An inside look at the Tax Relief for American Families and Workers Act of 2024 as it works its way through Congress.

Congress moved one step closer to enacting $78 billion in business and child tax breaks Friday, although election-year politics add risk to the legislation's prospects.

Proponents of affordable housing are hearted by provisions related to the Low-Income Housing Tax Credit, saying they could result in financing over 20,000 homes.

The proposal would eliminate so-called double taxation of Taiwanese workers and firms in America.

A group of Senate Democrats and independents introduced legislation Thursday to eliminate loopholes and tax breaks for billionaires.

The bipartisan legislation would relieve double-taxation of investments between the U.S. and Taiwan for businesses and employees.

Among the items now stalled are a measure to extend federal banking protections to marijuana companies operating in states where the drug is legal and negotiations to restore tax breaks for business spending on research and development.

A new survey suggests small businesses see the economy — and the tax service — improving.