Tax strategies

The state approved incentives for major films by two of Hollywood’s biggest studios.

The leaders of the Senate Finance Committee issued three summary reports from their internal task forces examining what to do about the perennial problem of temporary tax breaks that need to be extended every few years.

Ten issues taxpayers and their advisors should be paying attention to right now.

Uber Technologies Inc., responding to a European crackdown on offshore tax havens, created a $6.1 billion Dutch tax deduction that will help the company reduce a chunk of its global tax bill for years to come.

Real estate investors who want to maximize the return on investment will reap extra tax breaks this year, but still need to be cautious.

There are some powerful ways to help your clients defer gains and help communities.

More than 10,000 cryptocurrency investors face a decision as they open letters from the Internal Revenue Service informing them that they may owe taxes on their digital holdings.

Taxpayers can make a late election, or revoke an earlier election, for the tax break for property they have acquired for a business.

Democratic presidential contenders divided sharply on Tuesday over whether middle-class taxes would have to increase to pay for a government-run health care system known as “Medicare for All.”

The proposal positions the Democratic presidential candidate between rivals Bernie Sanders and Joe Biden on a contentious issue.

The rules set by the Economic Development Commission in St. Thomas allow some businesses to lower their exposure to taxes by up to 90 percent.

The Internal Revenue Service issued a ruling allowing a taxpayer to use a tax-advantaged flexible spending account to pay for the medical portion of an ancestry test.

U.S. corporations brought back offshore profits in record numbers last year with nearly half of the repatriated funds coming from low-or-no-tax countries where companies had stashed cash prior to the 2017 tax law.

Even as the profession as a whole is changing, Grant Thornton national managing partner of tax services Jamie Fowler shares how tax professionals need to prepare themselves to thrive in a new environment.

In the short term, the judge and the government need a full accounting of Epstein’s wealth as part of the bail determination.

Liquor stores can’t claim a hot new U.S. tax break designed to create jobs in poor communities. One of the biggest property developers for marijuana ventures says it can.

High-deductible plans can now offer a number of new preventive care benefits.

For many issues that clients will run across, practitioners are on their own.

New tax legislation is passing through Congress aimed at addressing several retirement issues.

Extending tax breaks that are intended to benefit families and small businesses come with a steep cost, according to Congress’s nonpartisan scorekeeper.