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Tax News

How tax reform could hinder innovation in the U.S.

By failing to repeal the alternative minimum tax in their tax reform bill, Senate Republicans inadvertently undermined the research and development ta...
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How the GOP tax bills hurt undocumented immigrants

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13 ways the tax bills would affect people: Senate and House differ on key points

You'll be hearing a lot in coming days about the differences between the Senate and House tax bills. Here's your guide....
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Whatever happened to Trump's crackdown on 'the hedge fund guys?'

Tax reform bills don't live up to Trump's promise to eliminate unpopular 'carried interest' tax break....
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Britain's corporate tax rate is 19%. Many businesses don't want a cut

Britain plans to cut its corporate tax rate to 17% over the next three years. Many businesses say they're happy with the current rate....
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House tax bill would scrap deduction for medical expenses

The tax bill unveiled in the House on Thursday would eliminate a decades-old deduction for people with very high medical costs....
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Trump promises tax reform won't impact 401(k) plans

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Trump's tax plan isn't as big of a threat to H&R Block as he says

President Trump thinks his tax plan will be so simple that some taxpayers will be able to do away with their accountants altogether. But so far, tax p...
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3 smart ways for investors to cut their taxes

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How tax reform could change your 401(k) tax break

Several people in the retirement savings industry fear that lawmakers will choose to "Rothify" some or all of employees' 401(k) contributions....
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Big Oil wants to tax itself and give cash to Americans

Big Oil is proposing a revolutionary new tax to combat climate change that would pay money directly to American families....
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TRUMP Act would put Trump's NYS tax returns online

New York legislation would reveal Trump's state tax returns....
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Today is tax day. Here's what you need to know

Tax returns are due today -- April 18, 2017 -- as is any remaining money you owe to Uncle Sam for 2016....
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5 last-minute tax tips you need to know now

As you come down to the wire, make sure you follow these simple rules....
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Your taxes are not due on April 15. Here's why

You have until Tuesday, April 18 to file your federal taxes this year. That's because April 15 falls on a weekend, and Monday, April 17 happens to be ...
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What worries small businesses about tax reform

A new survey shows the No. 1 concern of small businesses about tax reform is that lawmakers will reduce their tax breaks without actually lowering the...
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Tax reform decoded: What you need to know

Discussions about overhauling the tax code will be peppered with tax and legislative jargon. Here are some key terms decoded....
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4 things the IRS doesn't want you to know

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7 most common tax mistakes

Avoid these common errors when filing your taxes this year....
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