Income taxes

Taxpayers in New York and Connecticut still have a few potential options to avoid the hit from a new cap on state and local tax deductions, while residents of other high-tax jurisdictions may only have creative estate planning as a last resort.

The IRS is blocking the charitable workarounds high-tax states like New York approved in response to the tax law’s $10,000 limit.

The Internal Revenue Service put the tri-state area on notice: The charitable workarounds New York, New Jersey and Connecticut approved following the new federal cap on deductions for state and local taxes aren’t acceptable to the federal government.

Republicans thought the historic overhaul that slashed taxes would be one of their main campaign selling points ahead of November elections. Instead, Democrats are talking more about the law — and how they want to undo it.

Following sweeping tax reform, the company has collated information on Topic 740 and the Tax Cuts and Jobs Act.

Claiming a disabled spouse; IRS messaging; FASB and codification improvements; and other highlights from our favorite tax bloggers.

New Jersey Governor Phil Murphy enacted a $37.4 billion spending plan that will fund his progressive agenda by raising taxes on large corporations and individuals making more than $5 million.

The state recently released its most recent list of those who owe it the most.

AMT question; voluntary use-tax; summer and taxes; and other highlights from our favorite tax bloggers.

The time to start preparing for the TCJA’s affect on individual taxpayers next year is right now.

The Internal Revenue Service issued a notice to corporate taxpayers to provide more information about the tax rates they will be paying as they transition to the new tax law.

The Internal Revenue Service updated Friday the tax year 2018 annual inflation adjustments to reflect changes from the recent tax reform law.

The Internal Revenue Service is continuing to expand its efforts to detect tax refund fraud this tax season, according to a new report.

The American Institute of CPAs sent the leaders of Congress’s tax committees a set of fixes to the TCJA.

The Internal Revenue Service generally did a good job last season creating processes to handle some of the new provisions affecting tax season, according to a government report, but there were a few areas where it could be improved.

The first few months of 2018 are a critical time for tax, legal and accounting advisors to speak with business clients regarding how the new tax law will affect their cash flow.

The issue points to the need for technical corrections for the Tax Cuts and Jobs Act.

On Friday, the Republican leadership in Congress released the contents of the tax reform bill they expect to vote on in the week before Christmas.

Details about the tax reform bill coming out of the conference committee may give tax pros what they need to begin advising clients.

House and Senate lawmakers plan to begin working this week on compromise tax-overhaul legislation—a key step in their drive to send a package of tax cuts for corporations and individuals to President Donald Trump by the end of the year. Here are the latest developments, updated throughout the day: