President Donald Trump’s proposed FY 2018 budget includes a new proposal to give the IRS authority to regulate paid tax return preparers.
Key features include a large reduction in the corporate tax rate, fewer and lower tax brackets for individuals, and a repeal of the estate tax and the alternative minimum tax.
This item discusses several popular tax credits and incentives and their potential future in light of tax reform proposals.
House Republicans issued a 35-page tax plan “Blueprint” promising to “deliver a better way on tax reform."
This article summarizes and critiques the latest significant proposal for reform.
This column offers suggestions for comprehensive and meaningful tax reform.
As it works through a long list of priorities and plans for its “future state,” the IRS should look to CPAs, who based on their experience can provide a unique viewpoint.
Meeting intended to urge IRS to provide more responsive and modern service to taxpayers and practitioners.
Troy Lewis, chair of the AICPA’s Tax Executive Committee, testified in favor or the Mobile Workforce State Income Tax Simplification Act.
This column provides a summary of the bills enacted last year that included tax changes.
Employers will be allowed only a single, nonautomatic 30-day extension of the filing due date for the Form W-2 series.
The former representative said tax reform is still needed to grow the U.S. economy and improve its global competitiveness.
Former Rep. Dave Camp highlighted for the AICPA the key issues that should remain a major focus of broader tax reform efforts.
For the past few years, the emphasis has been on lowering tax rates and broadening the base for revenue-neutral, comprehensive tax reform.
Financially troubled since 2001, the Highway Trust Fund might get more than its typical Band-Aid fix with a proposed new funding source that could also kick off comprehensive tax reform.
Rep. Paul Ryan, chairman of the House Ways and Means Committee, outlined his priorities since taking over committee leadership.
The 114th Congress started with talk of comprehensive tax reform, but actions to date hint a different ending may be in store.
Rep. Paul D. Ryan, R-Wis., outlined his priorities since taking over House Ways and Means Committee leadership to members of the AICPA’s spring Council meeting in Washington.
As a new Congress begins a fresh look at tax reform, the AICPA intends to stay engaged in the process and advocate on issues of particular interest to CPAs. Five areas deserve strong consideration in tax reform.
President Barack Obama used Tuesday’s State of the Union address to announce that he will propose tax increases for higher-income individuals and provide tax relief for middle-class taxpayers.