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PAUL RYAN SLAMMED OVER TWEET PRAISING TAX CUT FOR $1.50 PAY RISE
Wells Fargo, fresh off of defrauding millions of Americans, gets 3.4 billion, retorted Minnesota congressman Keith Ellison... READ MORE›
BOEING FORECASTS SHARP RISE IN PROFIT, JET OUTPUT IN 2018
Boeing forecast that operating cash flow, a key measure of its financial performance, will rise to about 15 billion in 2018, compared with 13.34 billion last year... READ MORE›
APPLE'S $38 BILLION TAX BILL? THE COMPANY HAS EIGHT YEARS TO PAY
The special, cut-rate repatriation tax that Congress imposed on multinationals like Apple gives them as long as eight years to pay the new levy... READ MORE›
TRUMP CALLS APPLE'S OVERSEAS CASH RETURN 'HUGE WIN' FOR U.S.
Apple also told employees that it's issuing stock-based bonuses worth 2,500 each following the new U.S. tax law, according to people familiar with the matter... READ MORE›
NEW JERSEY'S INCOMING GOVERNOR JOINS TAX FIGHT AS COHN HINTS AT PUSHBACK
A precursor to tension between the federal government and states first emerged at the end of December over the prepayment of state and local property taxes... READ MORE›
3. YOUR PROPERTY TAX DEDUCTION MAY BE CAPPED
But as a result of the new tax changes, that limit has been lowered to 750,000... READ MORE›
THE IRS'S GUIDANCE ON PROPERTY TAXES HAS THE U.S. CONFUSED
We have never encouraged people to prepay their property taxes, said Carla de la Pava, Arlington County's treasurer... READ MORE›
GOP BILL'S CONFLICTING DATES STIR DEBATE ON EARLY TAX PAYMENTS
Whether it will also apply to income taxes will depend on how the date question is interpreted... READ MORE›
WEALTHY AMERICANS ARE ALREADY TRYING TO EXPLOIT THE NEW TAX LAW
Employees should also note that buried in the tax law are changes affecting commuters... READ MORE›
SEE HOW THE TAX BILL AFFECTS YOUR PAYCHECK
At the same time, the bill is most likely to raise taxes on some high-income filers in states with high state and local taxes... READ MORE›
3 PROVISIONS OF BILL DID NOT COMPLY WITH SENATE RULES, REQUIRES ANOTHER VOTE IN HOUSE WEDNESDAY
Despite last-minute snag, U.S. tax overhaul passes Senate, heads back to House... READ MORE›
HOUSE GIVES FINAL APPROVAL TO TAX BILL, DELIVERING VICTORY TO TRUMP
President Trump celebrates with Congressional Republican on the South Lawn of the White House... READ MORE›
HOUSE GIVES FINAL APPROVAL TO TAX BILL, DELIVERING VICTORY TO TRUMP
President Trump celebrates with Congressional Republican on the South Lawn of the White House... READ MORE›
TRUMP CLAIMS TAX REFORM BILL AS A 'HISTORIC VICTORY'
Winners and losers Under the legislation, income tax rates will be reduced across all seven individual tax brackets... READ MORE›
CONGRESS APPROVES SWEEPING $1.5 TRILLION TAX BILL IN A WIN FOR DONALD TRUMP
The Republican-controlled US House of Representatives gave final approval on Wednesday to the biggest overhaul of the US tax code in 30 years... READ MORE›
SENATE PASSES SWEEPING GOP TAX BILL, BUT HOUSE HAS TO VOTE AGAIN
WASHINGTON -- The Senate voted along party lines after midnight Tuesday to pass a sweeping 1.5 trillion tax bill that slashes tax rates for corporations,... READ MORE›
INSIDE WALL STREET'S TOWERS, TRADERS GROUSE OVER TRUMP TAX PLAN
But, along with losing key deductions, they're explicitly barred from a new 20 percent tax deduction aimed at business owners... READ MORE›
TRUMP CLOSES IN ON FIRST LEGISLATIVE VICTORY AS SENATE MOVES TAX BILL FORWARD
Senate Majority Leader Mitch McConnell, R-Ky., insisted Americans would respond positively to the tax bill... READ MORE›
HOW DOES THE FINAL TAX BILL COMPARE TO WHAT PRESIDENT TRUMP REQUESTED?
President Trump has a right to be all smiles when he signs the massive tax overhaul that Congress was voting Tuesday to send to him... READ MORE›
TRUMP ON VERGE OF TAX VICTORY AS US SENATE PASSES BILL
Winners and losers Under the legislation, income tax rates will be reduced across all seven individual tax brackets... READ MORE›
US SENATE PASSES TAX REFORM BILL IN MAJOR VICTORY FOR DONALD TRUMP
13 Pass-through businesses Millions of US businesses pass through their income to individuals, who then pay personal income tax on those earnings, not corporate tax... READ MORE›
HOUSE APPROVES TRUMP'S MASSIVE TAX OVERHAUL, BUT LAST-MINUTE GLITCH DELAYS FINAL PASSAGE
Senate Republicans are using special budget rules to fast-track the tax bill and block a Democratic filibuster... READ MORE›
HOUSE REPUBLICANS PASS HIGHLY UNPOPULAR TAX OVERHAUL; SENATE GOP RANKS SET TO VOTE NEXT
GOP lawmakers say they expect a future Congress to continue the tax cuts so they won't expire... READ MORE›
GOP TAX BILL HANDS BIGGEST BENEFITS TO TOP EARNERS STUDY SAYS
Next year, the average federal tax cut would be 1,610, the study found... READ MORE›
3. PAY YOUR TAXES--IF YOU CAN
Any 2018 state and local income taxes paid ahead of time would nevertheless need to be counted on next year's taxes, according to the bill... READ MORE›
HOW LONG BEFORE YOU START TO SEE THE EFFECTS?
When the corporate income tax rate is cut, firms increase investment, capital expenditures, and look to expand operations... READ MORE›
HOW REPUBLICANS' TAX PROMISES STACK UP TO THEIR ACTUAL PLAN
Trump administration officials and congressional Republicans have said the tax cuts will spur enough economic growth to cover that deficit... READ MORE›
TRUMP SAYS U.S. ECONOMY TO 'ROCK' AS GOP RACES TO TAX-CUT FINISH
Now, with votes planned in the House and Senate by the middle of next week, Trump is closing in on his first major legislative victory... READ MORE›
GOP DELIVERS SWEEPING PLAN FOR VOTE NEXT WEEK
Senator Marco Rubio of Florida on Thursday threatened to vote against the bill unless negotiators boost the child tax credit... READ MORE›
HUGE U.S. TAX BILL HEADS FOR PASSAGE AS GOP SENATORS FALL IN LINE
Marco Rubio of Florida relented in his high-profile opposition after negotiators expanded the tax credit that parents can claim for their children... READ MORE›
Trending News Headlines : East Cost
FOR SOME IN MIDDLE CLASS, TRUMP PLAN WOULD MEAN TAX INCREASE
WASHINGTON -- President-elect Donald Trump's proposals would modestly cut income taxes for most middle-class Americans... READ MORE›
HOW DONALD TRUMP TURNED THE TAX CODE INTO A GIANT TAX SHELTER
At the broadest level, Mr. Trumps tax avoidance undermines the entire tax system, which rests on the foundation that every citizen pays a fair share... READ MORE›
MNUCHIN SAYS IT'S 'VERY HARD NOT TO GIVE TAX CUTS TO THE WEALTHY'
The top 10 percent of the people pay 81 percent of the taxes, Mnuchin told Politico... READ MORE›
AMERICANS DON'T MIND PAYING TAXES. BUT THEY WANT TRUMP TO, ALSO.
Since the federal income tax was introduced during the Civil War, U.S. citizens have complained about their taxes... READ MORE›
MORE OF HIGHEST-INCOME CANADIANS ARE PAYING NO INCOME TAX
Once these business-related credits and deductions are applied, high-income taxpayers can use another item to lower their tax rates even further... READ MORE›
GIULIANI CLAIMS TRUMP 'A GENIUS' FOR NOT PAYING TAXES
Tapper said Most Americans pay federal income taxes though, though, sir, and Donald Trump apparently does not... READ MORE›
TRUMP, ALLIES TRY TO CONTAIN TAX AVOIDANCE STORY
Former Democratic presidential candidate Bernie Sanders said the Trump tax story underscores the unfairness of the economic system... READ MORE›
WHAT THE ELECTION MEANS FOR YOUR POCKETBOOK
According to TPC's analysis of his tax plan, on average, households would see their tax bills go down... READ MORE›
TRUMP TAX PLAN ELIMINATES BIG PERK FOR HIGH-TAX STATES
The White House maintained the wealthy would continue to pay the bulk of federal income taxes... READ MORE›
GOP BRACES FOR 'ALL HELL' TO BREAK LOOSE WHEN TAX BILL FINALLY DROPS
The House Republicans' bill will essentially be initiating open warfare on the middle class, said Senate Minority Leader Chuck Schumer, a New York Democrat... READ MORE›
TRUMP'S 1995 TAX RECORDS SUGGEST NO FEDERAL TAXES FOR YEARS
Trump's 1995 tax records suggest no federal taxes for years New York Times... READ MORE›
TRUMP PROPOSES U.S. TAX OVERHAUL, STIRS CONCERNS ON DEFICIT
The real estate mogul-turned-politician, who promised big tax cuts as a candidate, told reporters he personally would not gain financially from the proposal... READ MORE›
ANALYSIS: BY 2025, MOST OF DONALD TRUMP'S TAX CUTS WOULD GO TO THE WEALTHIEST 1% OF AMERICANS
Hillary Clinton and Donald Trump arrive on stage for the second presidential debate at Washington University in St. Louis, Mo... READ MORE›
JOHN CORNYN'S FOSSIL FUEL PROVISION WOULD PERSONALLY ENRICH REPUBLICAN LAWMAKERS
Federal disclosure records show that in 2017, all three companies' lobbyists have been pressing lawmakers on issues related to the taxation of partnerships... READ MORE›
TAX-HIKE FEARS TRIGGER TALK OF EXODUS FROM MANHATTAN AND GREENWICH
When Tepper moved his firm to Florida, forecasters warned it could jeopardize New Jersey's budget because the firm generated more than 100 million in state income tax... READ MORE›
A 'MILLIONAIRES TAX' IS NOW NEW JERSEY DEMOCRATS' TOP PRIORITY
Provide about 40 percent of the state's income-tax revenue, according to the New Jersey taxation division... READ MORE›
CHUCK SCHUMER: DONALD TRUMP'S TAX REFORM IS NOTHING LIKE REAGAN'S
More President Trump With tax reform we can make it morning in America again More Our View Tax reform or tax con?... READ MORE›
GOP PLAN HAS LARGE TAX BREAKS FOR THE HIGHEST EARNERS
The framework calls for capping the tax rate on such pass-through businesses at 25 percent... READ MORE›
HOW PRESIDENT TRUMP'S TAX PLAN AFFECTS YOU, AND WHAT WE STILL DON'T KNOW ABOUT IT
How President Trump's tax plan affects you, and what we still don't know about it... READ MORE›
FOSSIL-FUEL FRIENDLY TAX PLAN SPARES OIL, NOT SOLAR OR TESLA
Those held through corporate entities would see a big benefit from the 20 percent corporate tax rate, he said... READ MORE›
ANALYSIS | TRUMP'S TAX PROPOSAL: WHAT IT MEANS FOR THE RICH, FOR THE WORLD AND FOR YOU
Trump is proposing plenty of reduced rates, bringing them down to 35 percent for rich individual taxpayers and 15 percent for corporations and businesses... READ MORE›
HOW TRUMP'S TAX PLAN MAY IMPACT YOUR RETURNS
President-elect Donald Trump has proposed the largest tax cuts since Ronald Reagan... READ MORE›
TRUMP'S TAX PLAN COULD BE PAINFUL FOR NEW YORK, NEW JERSEY, AND CALIFORNIA
The plan would end deductions of state and local taxes from federal income taxes... READ MORE›
25 MILLION AMERICANS COULD FIND MORTGAGE TAX BREAK USELESS UNDER TRUMP'S PLAN
U.S. Treasury Secretary Steven Mnuchin has taken pains to stress that the Trump administration isn't out to kill Americans' beloved mortgage-interest tax deduction... READ MORE›
DEUTSCHE BANK TRUMP COULD PUSH THE US ECONOMY AND STOCK MARKETS TO NEW RECORDS
As such, Bianco recommends that investors in need of income should turn to utilities stocks, which have been battered since the election... READ MORE›
ARE YOU MIDDLE CLASS ENOUGH TO GET A TAX CUT FROM PRESIDENT TRUMP'S PLAN?
Are you middle class enough to get the tax breaks President Trump and House Speaker Paul Ryan are promising?... READ MORE›
MORE AMERICANS THINK WEALTHY, NOT MIDDLE CLASS, WILL BENEFIT FROM TAX REFORM
But among Democrats, 46 percent think that wealthy will benefit most, with only 7 percent thinking all Americans will benefit and 17 percent who think corporations will benefit... READ MORE›
WHAT WE KNOW ABOUT THE GOP TAX BILL AHEAD OF TODAY'S ROLLOUT
House Republican leaders plan to unveil a tax bill Thursday that would cut the corporate tax rate to 20 percent... READ MORE›
EVERYTHING YOU NEED TO KNOW ABOUT THE SENATE GOP TAX PROPOSAL
SENATE BILL A corporate tax-rate cut to 20 percent would be delayed by one year to January 2019, according to GOP Senator Bill Cassidy of Louisiana... READ MORE›
TRUMP, REPUBLICANS CLOSE IN ON LEGISLATIVE WIN WITH TAX OVERHAUL BILL'S APPROVAL IN SENATE
U.S. Senate approves major tax cuts in legislative win for Trump... READ MORE›