EXCLUSIVE: A GOP lawmaker is seeking to significantly raise taxes on endowment profits being banked by private universities to align their levy with the current corporate tax rate. Many private ...

House conservative proposals to raise corporate taxes to offset the cost of President-elect Trump’s tax package are going over like lead balloons in the Senate, where Republicans are warning ...

The Tax Foundation has released a new report comparing corporate tax rates around the world. The reports shows that the U.S.

Bonus depreciation was raised to 100 percent in 2017’s Tax Cuts and Jobs Act and was scheduled to fall by 20 percent a year ...

Vice President Kamala Harris has endorsed increasing the corporate tax rate to 28% from 21%, her campaign said Monday, echoing President Biden’s position on the matter. While it isn't surprising ...

Business owners must think about filing taxes next year in January of this year. This includes whether an LLC is going to ...

Warren's bill. - She wants to raise the current 21% corporate tax rate to 28%. - She would increase the 15% alternative minimum tax on very big corporations to 21%. - She would quadruple to 4% the ...

Republicans were reportedly resorting to "magical thinking" to push through an extension of President-elect Donald Trump's ...

Members of the House Freedom Caucus have an idea for lawmakers from California, New Jersey and New York seeking to expand a key tax deduction in negotiations over a sweeping GOP policy bill: We’ll ...

That’s because most of its key personal income tax provisions — and a few business ones — are set to expire on December 31. While much has changed in the past several years, one thing hasn ...

Maryland Gov. Wes Moore will call for a cut to the state's corporate tax rate as well as ask the General Assembly for ...