Income taxes

One of the last-minute, late-night changes Senate Republicans made to their tax-overhaul plan may mean higher taxes for corporations, including technology firms, than the bill’s drafters intended, experts say.

As Congress prepares to combine the House and Senate bills, these changes to the code look highly likely to be part of the final legislation.

Expiring tax cuts, business perks and health care politics loom over House and Senate Republicans as they face the daunting task of hammering out the differences between their competing bills to rewrite the U.S. tax code.

President Donald Trump announced Thursday his intention to designate Assistant Secretary of the Treasury for Tax Policy David Kautter as acting commissioner of the Internal Revenue Service.

The standard deductions and personal exemptions will rise slightly.

The Internal Revenue Service said that for the upcoming 2018 filing season, it‎ will not accept electronically filed tax returns where the taxpayer does not address the health coverage requirements of the Affordable Care Act, the first tax season it has refused to accept such returns.‎

The document provides more detail than a number of other tax reform documents that have emerged from the Administration over the past few months, but it still leaves many specifics to be worked out by Congress's tax-writing committees.

Experts at Bloomberg BNA highlight the most important changes the Republican leaders’ nine-page proposal could lead to.

The tax reform plan released Wednesday by Republican leaders and the Trump administration is more focused on corporate taxes than individual taxes, experts say.

Republicans unveiled a framework for their long-awaited tax reform plan Wednesday, listing a series of tax cuts but with few details on how to raise revenue to pay for the cuts.

Senate Republicans gave up on their last-ditch bid to repeal Obamacare Tuesday as opposition in their own ranks ended months of fruitless efforts to deliver on a seven-year promise, and leaders said they would turn instead to overhauling the U.S. tax system.

Senate Republicans making one last-ditch effort to repeal Obamacare have the daunting task of assembling 50 votes for an emotionally charged bill with limited details on how it would work, what it would cost and how it would affect health coverage — all in 12 days.

Senate Republicans are making one last desperate push to repeal Obamacare but face significant challenges to get it done before a final deadline at the end of the month.

Here’s what we know about the details of the tax reform plan: almost nothing.

President Donald Trump promoted a tax overhaul as essential to boosting economic growth as he huddled Tuesday at the White House with his advisers and the congressional leaders shepherding his push to overhaul the nation’s tax code.

National Economic Council Director Gary Cohn disputed the suggestion that the Trump administration’s proposed tax overhaul would benefit the wealthiest Americans on Friday—and said it’s not clear the highest earners would get any tax cut at all.

President Donald Trump will once again tout tax cuts for the middle class and small businesses Wednesday—amid suggestions that high earners would benefit most.

Republicans struggling to pass a major tax overhaul that doesn’t add to the federal deficit are discussing a kind of compromise: mixing permanent revisions with temporary rate cuts for individuals and businesses.

The IRS may have help for some of those affected by the storms and flooding.

After the collapse of the Obamacare repeal, Republicans may have to choose between pursuing another health bill or pushing through a tax overhaul this year, because there’s almost certainly not enough time to do both.