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Recent News Headlines : David Bianco
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›
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›
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›
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›
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 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›
Trending News Headlines : David Bianco
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›
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›
HUGE PHONE SCAM TARGETING AMERICANS LEADS TO 700 BEING DETAINED IN INDIA
Police say Mumbai call centre workers posed as Internal Revenue Service tax collectors to rake in tens of millions of dollars... READ MORE›
HOW TRUMP COULD AVOID TAXES FOR 18 YEARS
WASHINGTON -- Donald Trump may have President Reagan and Congress to thank for shielding real estate from the crackdown on tax shelters 30 years ago... 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›
3 TAX LOOPHOLES THAT CLINTON WANTS TO SLAM SHUT
Below, we'll look at three of the biggest tax loopholes that the Clinton plan aims to close... 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›
THE INSIDE STORY OF APPLE'S $14 BILLION TAX BILL
Ireland and Apple started to make changes a few months after the Maxforce began looking into their tax relationship... 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›
DONALD TRUMP'S LEAKED 1995 TAX RETURN SHOWS LOSS SO ENORMOUS 'HE COULD HAVE AVOIDED PAYING TAXES FOR YEARS'
Tax documents show how Trump may have avoided paying taxes for 18 years... 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›
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›
DONALD TRUMP A 'GENIUS' IF HE PAID NO TAXES
Donald Trump a 'genius' if he paid no taxes advisers... 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›
TRUMP ON HOW MUCH TAX HE PAID NONE OF YOUR BUSINESS
In 2011, when he contemplated running for president, Mr. Trump said he would release his tax returns when President Obama released his birth certificate... 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›
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›
THE RICH GET READY FOR HIGHER TAXES UNDER A PRESIDENT CLINTON
Clinton is proposing higher taxes on Americans who make more than 250,000, including a 4 percent fair share surcharge on incomes over 5 million a year... 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›
'THE WHITE HOUSE IS IN DISARRAY'
'Complicated and incredibly contentious' Tax reform is a complex matter... READ MORE›
CLINTON ACCEPTED DONATIONS FROM TAX AVOIDERS
Hillary Clinton Accepted Donations From Tax Avoiders, Slammed Donald Trump For Exploiting Tax Loophole... READ MORE›
AS DONALD TRUMP MADE CLEAR, SMART BUSINESSES KNOW ONLY IDIOTS PAY TAX
More than half of Mossack Fonseca's companies are registered in the British Virgin Islands, a territory administered from London... READ MORE›
TRUMP USED DUBIOUS LOOPHOLE TO AVOID CASINO-RELATED TAXES
Cancelled debt generally is treated as taxable income, meaning Trump would have owed the Internal Revenue Service significant money on debt that his creditors forgave... READ MORE›
COME CLEAN NOW, BEFORE WE READ PANAMA PAPERS
People hiding assets offshore should recognize the continued changes and progress in the international tax arena, the IRS said... READ MORE›
TRUMP BETTER FOR U.S. THAN A WOMAN, EX-NYC MAYOR SAYS IN WAKE OF TAX REVELATIONS
He's not been on message, said Barry Bennett, a former Trump adviser... 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›
IVANKA TRUMP USED HER CHARM TO SELL AN EXPANDED CHILD TAX CREDIT, AND IT'S WORKING
Tax reform Ivanka Trump used her charm to sell child tax credit... READ MORE›
WHY ARE AMERICANS NOT INCLUDED IN THE PANAMA PAPERS?
The dearth of Americans on the Panama Papers doesn't minimize the broader problem, Gardner said... READ MORE›