Income taxes

The proposal calls for increasing the maximum child tax credit to $2,500 and raising the estate tax exemption to $15 million.

The debate over state and local tax deductions has been a thorny fight because it's a political priority for a small but vocal group of Republicans.

President Trump said he would be fine with Republican lawmakers raising taxes on the wealthy, but acknowledged the political challenges.

President Trump's 'big beautiful bill' continues to move through the House and Senate.

The state and local tax issue has been one of the most contentious for the House GOP to resolve.

Jason Smith said he will to strike a balance between those who want no limit on the state and local tax deduction and those who want no write-off at all.

Key House Republicans discussed ways to direct an expanded state and local tax deduction to those making less than $400,000.

Republican lawmakers pushing for the expansion of the state and local tax deduction are slated to meet with House Speaker Mike Johnson about the $10,000 cap.

U.S. tax professionals can learn from strategies in other countries like Brazil.

Former Treasury Secretary Lawrence Summers said the Trump administration's moves to downsize the IRS are likely to incentivize reduced tax-payment compliance.

Tax collections are confirming Wall Street forecasts that the U.S. government will not exhaust its borrowing capacity until later this year.

Congress will be drafting its multitrillion tax cut proposal in the coming weeks, almost certainly reflecting the priorities of a small minority of constituents.

Republicans in the White House, Senate and House are drafting analyses on how best to craft a new tax bracket for the wealthiest Americans.

In the final days of tax season, tax professionals have been grinding through their clients' tax returns while trying to reassure them.

The Internal Revenue Service is projected to lose more than $313 billion over a decade as undocumented workers are poised to pay fewer taxes.

Rep. Jeff Van Drew thinks House Republicans will end up approving a $30,000 cap on the state and local tax deduction.

Donor-advised funds are continuing to grow while enjoying substantial tax deductions -- even as many contributions go to other DAFs.

Business clients have additional tasks to tackle when branching out across the country.

A sizable increase to the current $10,000 limit on SALT write-offs would represent a major victory for a crucial group of swing-district House Republicans.

An Internal Revenue Service division that helps authorize the release of tax transcripts used in lending through form 4506-C is tied to core functions.