How some older adults could see federal income tax savings of $480 or more from a new senior "bonus" tax deduction, if it's passed by Congress.

Greenpeace has joined the smattering of protests in Venice against the upcoming wedding of Amazon founder Jeff Bezos and Lauren Sanchez. A half-dozen protesters unfurled a giant banner early ...

Brazil's Finance Ministry does not plan on targeting income tax benefits for individuals in a broad reform of tax breaks to shore up public finances, two ministry officials told Reuters.

Wolters Kluwer Tax and Accounting (TAA) is pleased to announce the appointment of Joel Morris as the new Vice President & Segment Leader, Research & Advisory. In this role, Joel will be ...

On Monday, the IRS provided a list of changes in tax accounting methods to which the automatic change procedures in Rev. Proc. 2015-13 apply. The list includes 17 changes described as significant.

President Trump’s “big, beautiful bill” would add $2.4 trillion to the nation’s deficit over roughly the next decade, a new cost estimate from the Congressional Budget Office (CBO) shows.

U.S. President Donald Trump's signature tax break on tips promises relatively few upsides for low-income Americans, who face a net loss of income under his massive tax and spending bill in ...

The far-reaching tax legislation that passed early Thursday morning in the House included a provision that would transfer the responsibilities of the Public Company Accounting Oversight Board to the ...

President Trump’s bill to cut taxes and spending centers on an extension of his previous round of tax cuts, which Republicans slated for expiration at the end of this year.

After the House released a draft tax bill last week, Thomas Blaney worked until near-midnight analyzing its impact on his clients, some 700 foundations overseeing billions of dollars in assets ...

All new car and truck buyers who take out a car loan won't qualify for the tax deduction. Much will depend on your income, and the vehicle you buy.

The quest for budget cuts could endanger the $7,500 federal electric vehicle tax credit, but it's still available.