A global agreement to exempt US multinationals from key parts of the 15% global minimum tax is raising concerns that its rules may tie the hands of Congress to make corporate-friendly changes to the ...

Discover how the OBBBA impacts high-income taxpayers in 2026, with key changes to the Alternative Minimum Tax (AMT) and a new ...

The issue was whether a penalty can survive when the notice does not specify the exact charge. The Tribunal held that a vague notice vitiates the entire penalty proceedings, even where AMT liability ...

Learn how the income exclusion rule categorizes certain incomes, like certain interest and child support, as tax-free, ...

In this episode of Tax Notes Talk, Tax Analysts Chief Operating Officer Jeremy Scott reviews the 2025 developments in U.S. tax legislation and speculates what may lie ahead in 2026. Tax Notes Talk is ...

Economists see the tax cuts in President Donald Trump’s “One Big Beautiful Bill” as a principal driver of the U.S. economy in 2026, both for individuals and businesses. Here are some details about ...

Dec 29 (Reuters) - Economists see the tax cuts in Trump's One Big Beautiful Bill as a principal driver of the U.S. economy in 2026, both for individuals and businesses. Here's some detail about what's ...

Unless otherwise expressly disclosed to you in writing, the information provided in this material is for educational purposes only. Any viewpoints expressed by Fidelity are not intended to be used as ...

Forbes contributors publish independent expert analyses and insights. Nathan Goldman is a tax prof. at NC State Univ. Companies with significant R&D expenses celebrated on July 4, 2025, when President ...

Corporate tax revenue has quickly dipped since Republicans passed tax cuts this summer. But economists think these tax breaks might be worth it. By Andrew Duehren Reporting from Washington For most ...

The tax changes included in President Donald Trump’s One Big Beautiful Bill Act introduce several business-friendly provisions taking effect in 2026. These federal changes are generally positive for ...

Over the past four years, four states have abandoned progressive income-tax formulas to embrace a flat income-tax rate like that in Illinois. That brings the number of flat-tax states to 14, with a ...