Tax News

How Taxpayers Who Want Help Can Find a Reputable Preparer

“If you’re just putting in numbers and hoping for the best,” an accountant says, “then maybe you need a preparer.”...
Read More >

Making a Crypto Utopia in Puerto Rico

Dozens of entrepreneurs, made newly wealthy by virtual currencies, have moved to the island to avoid taxes on their fortunes — and to build a societ...
Read More >

It’s Tax Time: What to Remember

Most provisions of the new tax law won’t affect this year’s returns, with the exception of a temporary change broadening the deduction for medical...
Read More >

Saying You Want to Reform the Tax Code? Easy. Doing It? Less So.

Gov. Andrew M. Cuomo is mulling multiple options — none of which are easy to grasp — in an effort to thwart the new federal tax plan....
Read More >

Tax Law May Send Factories and Jobs Abroad, Critics Say

Supporters say the recently approved tax law will help American multinationals compete more aggressively overseas. Others see incentives to put factor...
Read More >

Taxes as Charity? New Jersey Towns Try to Elude G.O.P. Tax Law

Three mayors said they would create charitable trusts as a workaround for residents hurt by the measure’s cap on state and local tax deductions....
Read More >

Restructuring New York’s Taxes Sounds Good. Now for the Details.

A proposal for a new payroll tax faces a barrage of practical questions about how it might be implemented, and then sold to wary business leaders....
Read More >

Can States Fix the G.O.P. Tax Law?

With the Republican law seeming to target Democratic states for pain, governors are trying to avoid the damage....
Read More >

Tax Bill Hysteria

Opposition to the bill is a gift to the G.O.P....
Read More >

Life, Death and Taxes in Inequality City

There is a lot we still don’t know about how the Republican tax plan will play out in New York, but there’s enough to be dispirited about in the m...
Read More >

Enjoy your tax cuts while they last

The GOP tax plan will give many households tax cuts in the first several years. But those cuts will expire and a key provision will raise many people'...
Read More >

New tax code will still be complicated despite GOP promise to simplify

Republicans said their plan would make taxes easy to prepare, and indeed the final bill gets points for some simplification. But the whole story, like...
Read More >

GOP tax bill: Here's what people are saying

The vast majority of statements from business, advocacy and trade groups have major concerns with the 1,000-page bill....
Read More >

Tax bill and your tuition: Here's what to expect

GOP leaders have agreed to save the student loan interest deduction and keep tuition waivers for graduate students tax-free....
Read More >

Attention, teachers: You can keep your deduction for classroom supplies

Currently, teachers can deduct up to $250 for classroom materials from their taxable income. That won't change....
Read More >

How tax reform could hinder innovation in the U.S.

By failing to repeal the alternative minimum tax in their tax reform bill, Senate Republicans inadvertently undermined the research and development ta...
Read More >

How the GOP tax bills hurt undocumented immigrants

Read full story for latest details....
Read More >

13 ways the tax bills would affect people: Senate and House differ on key points

You'll be hearing a lot in coming days about the differences between the Senate and House tax bills. Here's your guide....
Read More >