Trump tax plan

The Internal Revenue Service is considering issuing rules that could invalidate some of the last remaining strategies in New York and Connecticut to circumvent the state and local tax, or SALT, deduction cap that kicked in for the 2018 tax year.

A pair of House Democrats has introduced a bill to extend the tax-filing deadline until May 20 to give taxpayers more time to file their taxes.

Some of the states that are paying the highest amounts in federal taxes are also the ones that will be hurt the most by the $10,000 limit on the SALT deduction.

The Treasury and the service are seeking public comments on the proposal.

New tax incentives might not be enough to convince Corporate America to expand its U.S. operations beyond what it was already planning.

Tax pros share the things they overlooked or wish they'd done differently this year.

On the whole, the final regs follow earlier proposals, with some changes to address taxpayer concerns.

Dave Auclair and Dustin Stamper of Grant Thornton's Washington National Tax Office look at the winners and losers from the Tax Cuts and Jobs Act, issues that are still unresolved and areas of the law taxpayers and their advisors need to pay more attention to.

Before Elizabeth Warren’s wealth tax, there was Donald Trump’s wealth tax.

The program encourages the private sector to diversify their investment portfolio while revitalizing urban and rural districts that face economic challenges.

Tax refunds in the U.S. jumped 17 percent week over week, Treasury Secretary Steven Mnuchin said.

New Jersey’s average property tax bill hit a record for a high-cost state whose residents were stung by the cap on deductions for state and local taxes.

While wealthy people buying airplanes is nothing new, the tax overhaul provided a new incentive.

About 10.9 million people are losing out on one of their most prized tax breaks — the deduction for state and local taxes.

High-tax states are trying different strategies to help taxpayers reclaim a lost deduction.

The e-commerce giant does not plan to pay the IRS anything this tax season. Yet that’s not largely because of President Donald Trump’s tax overhaul.

New York Governor Andrew Cuomo is rallying a team of governors from fellow high-tax states to push Congress to repeal the cap on deductions for state and local taxes — an effort that looks doomed to fail.

Average tax refunds are down so far in the first filing season under President Trump’s tax overhaul, prompting the Treasury Department to caution that the data contain aberrations and could be misleading.

A pair of leaders on the House Ways and Means Committee are asking whether the IRS did enough testing and why the results haven't been released to the public.

New regs offer guidance for owners of rental properties.