Tax FoundationConference Report Limits on Interest DeductionsTax FoundationThe House and the Senate tax bills restricted the deduction of business interest. Each bill limited the deduction to 30 percent of “modified income” with carryover of the excess to later years. The Senate definition of “modified income” was much lower ...Guest column: Tax reform: Building a foundation for our futureAiken StandardMonday Morning Cup of Coffee: Republican committee passes tax reformHousingWire (blog)Homeowners: Here's what's in the tax bill for youWENY-TVCBN Newsall 12 news articles »

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  • IRS Puts New Measures In Place For Tax Professionals To Protect Tax Data
    With identity theft and refund fraud an ongoing concern, the IRS is implementing new security measures for tax professionals, including holds for Centralized Authorization File (CAF) numbers and new ...
    05/14/2024 - 4:02 am | View Link
  • How Long Are You Required To Keep Your Old Tax Returns?
    Do you need to keep all of your old tax returns? How to securely save them without renting a huge storage unit.
    05/12/2024 - 4:00 am | View Link
  • Report: Trump may face a $100 million-plus tax bill if he loses IRS audit fight over Chicago tower
    A report by The New York Times and ProPublica says former President Donald Trump may face an IRS bill in excess of $100 million after a government audit indicates he double-dipped on tax losses tied t ...
    05/11/2024 - 8:57 am | View Link
  • IRS Increases Limits for This Tax-Free Account for 2025
    The annual contribution limits for health savings accounts will rise again in 2025. After raising the limits in each of the past several years, the IRS has announced that it will raise them again for ...
    05/9/2024 - 3:50 am | View Link
  • What Is a Schedule K-1 Federal Tax Form?
    A Schedule K-1 is a federal tax form that business partnerships and S corporations use to report a partner's share of the income, losses, capital gains, dividends, and other items.
    05/7/2024 - 1:05 pm | View Link
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