Income Tax
Latest News
Treasury, IRS Final Regs on Direct Pay Expand Clean Energy Tax Credit Access
Avalara Unveils Intelligent Tax Content Solution for Lodging and Hospitality
Survey: Over Half of Accounting Firms Plan to Increase Fees in 2025
Andersen Advances Global Valuation Practice in 10 Asia Pacific Countries
Sen. Mike Crapo Floats Alternative Cost Estimate For 2025 Tax Package
Assumption that extending Donald Trump's 2017 tax law wouldn't add to deficits could substantially shrink the price tag.
Some Solutions for State and Local Tax Deductibility
With elections approaching, it’s time for governors and mayors to offer some viable new policy options—and ways to pay for them.
Tax Court Halts Deduction for Start-Up Costs in Some Cases
A taxpayer can’t deduct start-up expenses if he or she abandons the business before it ever gets off the ground.
Wolters Kluwer Analyzes Tax Policies of Harris and Trump
The tax briefing aims to distinguish the candidates' tax priorities and propose how their policies could potentially affect all taxpayers.
Vance Says Trump Tariffs Would Help Pay For His Tax Cuts
Donald Trump floated the idea of tariff hikes to offset some income tax cuts to House Republicans in June.
Trump Pledges No Taxes on Overtime
Trump said his no-tax-on-overtime idea would help companies lure more workers and keep them on the job site for longer.
IRS Offers Tax Deadline Extensions for Louisiana Due to Hurricane Francine
These taxpayers now have until Feb. 3, 2025, to file various federal individual and business tax returns and make tax payments.
IRS Issues Proposed Regs for New Corporate Alternative Minimum Tax (CAMT)
The proposed regulations provide definitions and general rules for determining and identifying AFSI. They also include rules regarding various statutory and regulatory adjustments in determining AFSI.