You won't find a lot of simple yes-and-no answers in the 247-page document.
Some companies are unsure whether a 20 percent income deduction applies to them.
It's been a year since Congress passed the $1.5 trillion tax overhaul. And there is still a lot accountants and lawyers don't understand about it.
You may have heard this phrase: “It’s the economy, stupid. ” And it usually is. Parties in power tend to do better when the economy is humming along, and voters are more likely to give them the boot when the economy’s not doing so hot. With low unemployment, a booming stock market and strong growth, […]
A decrease in the corporate tax rate gave companies more of an incentive to funnel money into defined-benefit pension plans.
Small businesses known as pass-throughs get a new deduction under the tax bill.
Whether your economic anxiety has increased or decreased in the last year depends on who you are, according to the latest Marketplace-Edison Research Poll.
The treasury secretary also touched on Dodd-Frank, trade agreements and the tax overhaul in a wide-ranging interview with Kai Ryssdal.
A line item in the tax law creates a new Opportunity Zone program, with incentives to draw business to underdeveloped places. This strategy has been tried by former administrations, and state and local governments, with results that have often been disappointing. Click the above audio player to hear the full story.