A federal law created in 2017, called the Tax Cuts and Jobs Act, lowered federal income taxes in various ways. But most were ...

Tax and estate consultant Gary Phillips, based in New York, says as tax season approaches, the mood is upbeat among his ...

Below, we highlight the most relevant updates for private wealth clients, incorporating additional insights and planning considerations from recent estate and tax law developments. Top Marginal Tax ...

Center for American Progress analysis finds that a handful of provisions in the Big Beautiful Bill (BBB) funnel nearly $2.3 trillion in tax cuts mainly to the richest 10 percent of Americans, ...

In Brief The recently enacted H.R. 1, the so-called One Big Beautiful Bill Act (OBBBA), extends many of the provisions of the ...

While these incentives offer significant potential tax benefits to companies, businesses must plan effectively to maximize ...

A lot of tax planning during the first half of 2025 was focused on what might happen if the individual provisions of the Tax Cuts and Jobs Act were allowed to expire at the end of 2025. Thanks to the ...

The One Big Beautiful Bill Act made permanent the individual tax cuts from President Trump’s first term and augmented them with additional tax cuts. The average taxpayer in every part of the country ...

Here are five tax law provisions that will be in effect for the 2026 tax season following the July passage of President Trump ...

This is read by an automated voice. Please report any issues or inconsistencies here. Business tax breaks cut federal revenues by $77 billion this year, fattening the pockets of rich corporate ...

Political parties and pundits are fiercely debating the economic benefits of President Trump’s landmark tax bill, recently rebranded the Working Families Tax Cut. That’s to be expected with upcoming ...

ALBANY, N.Y. (NEXSTAR) — A report from the State Comptroller’s office warns that a recent federal reconciliation bill has left New York with budget gaps totaling $34.3 billion. According to the report ...