Finance, investment and tax-related legislation

R&D amortization requirements are becoming a major issue for many companies, causing a significant tax burden they may not be able to handle.

Sens. Cassidy and Warren teamed up to introduce legislation aimed at making math error notices from the IRS easier to understand.

Senate Republicans don't want to hand President Joe Biden an election-year victory on the legislation, which includes both child and business tax breaks, lawmakers and aides have said. 

Both Donald Trump and Joe Biden have begun laying out their visions for the Tax Code.

The Creating Hospitality Economic Enhancement for Restaurants and Servers would provide a tax deduction for bars, restaurants and entertainment venues with draft beer systems.

The ruling further complicates an already complicated area — the law's mandate around beneficial ownership information reporting.

While passage in the Senate is uncertain, many of the changes could impact 2023 tax returns.

The legislation is still tied up in the Senate, as senators seek changes in some of the provisions, such as the expanded Child Tax Credit.

The Senate may not get to the Tax Relief for American Families and Workers Act soon enough to impact returns.

An inside look at the Tax Relief for American Families and Workers Act of 2024 as it works its way through Congress.