Trump tax plan

The agency is waiving some of the late-payment penalties pertaining to the section 965 transition tax on foreign earnings in the new tax law.

The Internal Revenue Service plans to spend close to $300 million to implement the new tax law.

Florida’s long-running effort to lure Wall Street hotshots is gaining traction thanks to a provision in the federal tax law that hits residents of high-tax states.

The Tax Cuts and Jobs Act made far-reaching changes to the tax code and resulted in significant tax accounting modifications.

Because of quirky rules, even profitable teams can generate paper losses that erase the tax bills on an owner’s other business interests.

A not-so-final frontier; summertime tax planning; small biz and reform’s impact; and other highlights from our favorite tax bloggers.

Paychex reported a slight increase in job and wage growth at small businesses in May, although the pace of wage growth dipped slightly compared to last year.

The Tax Cuts and Jobs Act is having a major impact below the federal level.

The private equity firm has an enticing pitch for the ultra wealthy: Invest in hedge funds and avoid paying taxes forever.

A new notice offers details on how the Tax Cuts and Jobs Act is forcing changes in write-offs for items like job-related cars and moves.

New Jersey Attorney General Gurbir Grewal warned the Internal Revenue Service that he will fight any challenge to a law that preserves state and local property-tax deductions.

The House Ways and Means Tax Policy Subcommittee held a hearing Wednesday on how the new tax law is affecting small businesses, hearing testimony from a CPA firm owner and others.

The Internal Revenue Service and the Treasury Department intend to issue proposed regulations to address the deductibility of state and local tax payments.

Seattle levied an annual tax of about $50 million on big companies last week to help solve the city’s homeless problem. The tax was watered down from the original proposal but it was controversial and pitted the city against its most powerful corporate resident, Amazon.com Inc.

A New York Republican introduced legislation in the House that would waive the new tax on about 30 wealthy college endowments if they spend 25 percent of their annual investment earnings on reducing the cost for middle-income students.

President Donald Trump’s tax overhaul could wreak havoc on prenuptial agreements across the country — and maybe even his own.

Thomson Reuters released a report Tuesday examining how states are imposing corporate income taxes on out-of-state e-commerce sites.

A couple of weeks ago I had lunch with Sidney Kess and Chaya Siegfried.