The Tax Cuts and Jobs Act (TCJA) disproportionately benefited the working and middle classes, as evidenced by IRS data which ...

The House and Senate agreed to adopt a budget resolution that represents a crucial first step in the process of passing a 'reconciliation' bill. In this article, Ben Henry-Moreland of Kitces.com ...

The taxpayers need to carefully choose between the old and new tax regimes to claim the deductions under various sections of ...

U.S. risks losing its innovative edge due to expired provisions of Tax Cuts and Jobs Act. Renewing immediate R&D expensing is crucial for fostering innovation.