The 389-page bill includes numerous tax provisions, including a top individual income tax rate of 37%. An AICPA statement ...

Gambling winnings are fully taxable and you must report the income on your tax return, according to Jeffrey Levine of ...

On Friday, May 9, the House Ways and Means Committee released a portion of its draft tax legislation (the “House Draft Bill”) to amend the ...

The conservative Wall Street Journal editorial board is thoroughly unimpressed with the latest draft of House Republicans' ...

Municipal market participants Monday cheered the survival of their prized tax exemption in the first draft of a sweeping ...

A draft House version of the massive GOP tax and budget bill would make some expiring tax cuts permanent. Other goodies, ...

The Ways & Means bill contains numerous new tax cuts and breaks, most of which will sunset expire after 2028. These tax breaks as written would increase deficits by $660 billion; however, if they are ...