Tax planning

The top tax rate that U.S. companies would pay on an estimated $3.1 trillion in earnings they’ve stockpiled overseas crept up to 15.5 percent in the final version of the GOP tax bill released Friday.

Assuming the GOP bill passes, it will still need to be implemented, and a technical corrections bill issued.

Last-minute changes to the Republican tax bill contain an unpleasant surprise for married couples who make between $600,000 and $1 million: They won’t be getting as big a tax cut as lawmakers planned earlier.

Congressional leaders worked quickly to finalize compromise legislation for floor votes next week in an all-out effort to provide themselves and President Donald Trump with a major policy victory before the end of 2017. Here are the latest developments, updated throughout the day.

Some brokerage firms are concerned that the tax overhaul could lead to upheaval, pushing their employees to set up their own shops or switch firms to lower their tax bills.

President Donald Trump insisted Wednesday that his tax cut is all about helping the middle class even as Republican leaders formed a last-minute plan to cut the top rate paid by million-dollar earners.

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

After failing this year to repeal and replace Obamacare, House Republicans are angling to put taxes that are part of the health law on hold.

While Congress irons out the differences between the tax bills proposed by the House and Senate, taxpayers have been living in limbo, and putting year-end tax planning on hold.

More than 70 percent of 861 CPAs polled in December by the New Jersey Society of CPAs predicted their individual and family clients in New Jersey would face increased taxes due to the Republican tax plans from both the House and the Senate.

Congress is giving finance officials at America’s colleges and universities even more to worry about.

A funny thing happened when Congress approved a tax cut for the middle class eight years ago: Most Americans didn’t notice.

Accountants and tax pros share the most questionable ventures they were asked to advise clients on.

Intuit's TurboTax and H&R Block are providing advice to people who invested in digital currency.

The White House supports tweaking final tax legislation to appease lawmakers who want to let constituents deduct state income taxes, according to National Economic Council Director Gary Cohn.

Use this time of year to do some casual research.

Making money in the stock market could get more expensive.

Taxpayers can expect many of their cherished deductions for charitable contributions, family members, and state and local taxes to go away under the Senate tax reform legislation.

Potential code changes call for action before Dec. 30.

Clients who own small companies may have maximized their retirement plan contributions, but are they maximizing their tax savings?