The $32,000 Section 179 heavy-SUV limit does not cap bonus depreciation. Depending on business-use percentage and the ...

CLEVELAND, Ohio — U.S. Sen. Bernie Moreno wants to use the federal tax code to effectively erase the financial benefit of state and local tax breaks awarded to data centers. The Ohio Republican has ...

This voice experience is generated by AI. Learn more. This voice experience is generated by AI. Learn more. Washington's approach to tax enforcement funding is criticized for being backwards. Cuts to ...

A swimming pool. A guard dog. Free beer. These are all real things the IRS has allowed Americans to deduct from their taxes — ...

The 2017 Tax Cuts and Jobs Act brought sweeping changes to the tax code, impacting every taxpayer and business owner. The TCJA has many provisions that are set to expire (or sunset) at the end of 2025 ...

In fact, according to another, March 2025 study done by research firm Savanta, as noted by CPA Practice Advisor, 70% prefer a simpler tax code instead of the current overcomplicated and stressful tax ...

Recently, the TaxA tax is a mandatory payment or charge collected by local, state, and national governments from individuals or businesses to cover the costs of general government services, goods, and ...

Important regulations expire at the end of next year, thwarting tax planning and creating a monumental fiscal challenge for Congress. By Jeff Sommer Jeff Sommer writes Strategies, a weekly column on ...

If President-electDonald Trump is able to appoint billionaire Elon Musk and former Republican presidential candidate Vivek Ramaswamy to oversee a Department of Government Efficiency (actually a ...

Vinod Khosla is founder of Khosla Ventures and has spent the last 40 years in the business of innovation. He was the ...