Tax strategies

The provision would allow energy companies subject to a 15% corporate alternative minimum tax to deduct certain drilling costs when calculating taxable income.

Senate Republicans plan to modify the massive fiscal package to lower maximum deductions for state and local taxes and limit the impact of a "revenge" tax.

Businesses and rich universities scored wins in the Senate version of Trump's tax bill, while low-income Americans and clean energy providers were hit hard.

Senate Majority Leader John Thune said Republicans in his chamber expect to deliver on President Donald Trump's campaign promises.

Under the initiative, the government would make the one-time contribution into a tax-deferred, low-cost index fund that will track the overall stock market.

Lawmakers are largely taking their cues from Trump and sticking by the $3 trillion bill at the center of the White House's economic agenda.

It's time to identify and implement business strategies that drive your firm's growth and keep you ahead of the curve in an ever-changing economic environment.

In the world of depreciation planning, one small timing detail continues to fly under the radar — and it's costing taxpayers serious money.

At the heart of the concern is a tax dynamic that exchange-traded funds were built to avoid.

Here's a rundown of the House bill's main provisions impacting people and businesses.

The reconciliation process allows tax and spending legislation to pass with a simple majority in the Senate, but the bill still needs to survive the Byrd Rule.

This year's uncertainty in Washington is resulting in an unclear tax landscape, especially with deductions from real estate holdings and capital expenditures.

Wealthy Americans and business investors are among the big winners while targets of Trump's ire such as immigrants and elite universities were hammered.

President Trump's economic package took a major step toward becoming law when a House committee approved trillions in new tax cuts on a party-line vote.

Campaign pledges like no taxes on tips and overtime pay, plus new tax breaks for car buyers and seniors, are the centerpiece of a multitrillion-dollar package.

House Republicans' release of the tax provisions in their massive fiscal bill provides a crucial initial reading of what party leaders think could pass.

A little-known feature of RMD tax withholdings could help minimize a client's effective tax burden. Not all financial advisors are on board with the strategy.

The House tax committee aims to make official several of President Trump's campaign tax pledges, and to avoid a millionaire tax.

President Trump is pushing lawmakers to increase tax rates on some of the wealthiest Americans as a way to offset other cuts.