One tax expert says a proposed $4,000 bonus deduction is a 'far cry from the savings' that many would see with no taxes on ...

Under Trump’s ‘big bill,’ the Senate Finance Committee has proposed a larger bonus tax deduction for older adults than the ...

Joseph Cioffi, Benjamin Snow and Adam Levy of Davis+Gilbert LLP discuss different factors and possible scenarios regarding tax consequences when cryptocurrency is stolen and then recovered.

When rates are elevated, home prices high and the market tight, renting can sound like a better option than buying. But those ...

One thing some are seeing as a win for businesses? Expanding and making permanent the "pass-through deduction." ...

For example, corporations cannot take a deduction ... if a corporation has a net operating loss (NOL) for the given tax year. The deduction received seeks to alleviate the potential consequences ...

The auto loan interest deduction that recently passed the House is designed, at least in part, to mitigate the impact of ...

I’m breaking down exactly what tax brackets mean so you can better understand how much you’re really paying in taxes and how ...

A Republican tax proposal could give people age 65 and older an additional deduction of $4,000 in a “senior bonus” that would ease the tax burden on older adults — although it would not end ...

Disputes among Republicans about parts of Trump's major tax bill threaten approval in the Senate and past compromises reached by the GOP-led House.

For example, a 10% tax on indoor tanning services means you ... over $36 billion to the Highway Trust Fund. Businesses may deduct excise taxes as part of their operating expenses.