House Ways and Means Committee Chair Richard Neal will need more than six years of President Trump’s income tax returns...

House Ways & Means Committee Chair Richard Neal (D-MA) reportedly is about to make a formal request for 10 years of President Trump’s tax returns...

The 2017 Tax Cuts and Jobs Act (TCJA) lowered taxes for US corporations, with the stated goal of creating jobs throughout the US . In...

I testified before the Ways and Means Subcommittee on Oversight yesterday on whether presidents, vice presidents, and candidates for these offices should disclose their tax...

Last Friday, Treasury finalized its regulations for the special 20-percent tax deduction for income from pass-through businesses, which was added by the 2017 Tax Cuts...

Incoming House Ways & Means Committee Chair Richard Neal (D-MA) indicated that he will request President Trump’s tax returns soon after Democrats formally take control...

Last Friday, the IRS published its first set of proposed regulations for Opportunity Zones, a provision of the Tax Cuts and Jobs Act (TCJA), that...

As warned earlier , Treasury proposed rules to block a state and local tax (SALT) deduction workaround strategy that had been adopted by New York...

The Tax Cuts and Jobs Act (TCJA) contains a special 20-percent individual income tax deduction for owners of pass-through businesses that was always going to...

The Tax Cuts and Jobs Act (TCJA) created a new tax-advantaged Opportunity Zone program to encourage investments in economically-distressed communities that are nominated by governors...

This week, the Treasury Department finalized the last set of Obama-era regulations intended to curb tax-motivated corporate inversions. An inversion arises when a U.S. corporation...

Yesterday, the IRS issued a notice warning states that are contemplating one workaround to the Tax Cut and Jobs Act’s (TCJA) $10,000 annual limit on...

Seattle is currently having a contentious debate over a proposed "head tax" to fund more affordable housing and services for its large and growing homeless...

Last year, Congress proved it can act quickly—enacting the massive Tax Cuts and Jobs Act (TCJA) just six weeks after the first version was introduced...

Jessica Sayles, a certified public accountant, works in her office in Las Vegas.

The Tax Cut and Jobs Act (TCJA) that the Senate is debating this week would fundamentally change the way US-based multinational corporations are taxed on...

House Ways & Means Committee Chairman Kevin Brady’s recently-introduced tax plan promises to cap the income tax rate for income generated by pass-through businesses at...

Last week, I described how, in the short run, foreign investors would receive 35 percent of the benefits of the lower corporate income tax rates...

The Trump Administration and congressional Republican leaders (the Big Six) have proposed a $70 billion-a-year tax cut for foreign investors. It stems from the cut...

Top aides to President Donald Trump argue that tax relief for the accumulated foreign earnings of US-based multinational corporations would be a boon for US...

Federal tax receipts have been coming in more slowly than expected, according to the Congressional Budget Office . Through the first eight months of the...

The “Main Street Fairness Act” ( H.R. 5076 and S. 707 ) requires tax “parity” between businesses organized as pass-throughs and corporations. The legislation has...

Yesterday, President-elect Trump tweeted he would leave his businesses “in total” to reduce his potential conflicts as President. The Office of Government Ethics (“OGE”), tweeted...

Today, The New York Times dissected the $916 million of Net Operating Losses (NOLs) that Donald Trump claimed on his 1995 tax return, which The...

New information surfaced today that suggests that Donald Trump may not only have used aggressive tax planning to reduce his income tax bill to zero,...