Laura Davison
President’s offshore cash promise falters as $665B returns
NEW YORK - Corporate America brought $664.9 billion of offshore profits back to the United States last year, falling short of the $4 trillion...
Average tax refunds about $3K as filing season hits midpoint
NEW YORK - The IRS has sent out 3.3 percent fewer tax refunds so far this year, but the average refund size continues to...
IRS Looks for Ways to Squelch N.Y., Connecticut SALT Workarounds
NEW YORK - The Internal Revenue Service is considering issuing rules that could invalidate some of the last remaining strategies in New York and...
SALT cap will leave nearly 10.9M people feeling tax pain
NEW YORK - About 10.9 million people are losing out on one of their most prized tax breaks - the deduction for state and...
Treasury Department says fewer refunds better for U.S. taxpayers
NEW YORK - The U.S. Treasury Department is defending the declining numbers of tax refunds being issued so far this year, saying that taxpayers already...
Big tax break for business owners at risk as shutdown drags...
NEW YORK - The longest government shutdown in United States history could cause tens of thousands of businesses to make a tough choice about whether...
IRS will pay refunds during government shutdown, official says
NEW YORK - The Internal Revenue Service will issue refunds to taxpayers even if the U.S. government shutdown extends into the filing season, a decision...
IRS softens blow after tax law cut perks for nonprofit employees
NEW YORK - The Internal Revenue Service moved to soften the hit from a controversial provision in last year’s tax overhaul that imposes a tax...
Trump says he’s open to raising tax to pay for middle-class...
WASHINGTON – President Donald Trump said he’s open to raising some tax rates to help pay for a bigger tax break for middle-class Americans.
“If...
IRS unveils proposed rules for tax law’s big capital gains break:...
NEW YORK - The Internal Revenue Service unveiled proposed regulations Friday for what Treasury Secretary Steven Mnuchin says could be a $100 billion investment opportunity...
- Featured Event -
