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$2.8 billion Oprah Winfrey attacked taxes on the rich, ‘it’s so irritating’
Washington Secrets

$2.8 billion Oprah Winfrey attacked taxes on the rich, ‘it’s so irritating’

Paul Bedard -
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The pace of dealmaking among pharmaceutical businesses is expected to pick up in the next six to 12 months, in part because of the Tax Cuts and Jobs Act passed in December.
Business

Big Pharma goes shopping as tax bill returns almost $200 billion cash to US

James Langford -
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Sen. Ron Wyden of Oregon and Rep. Richard Neal of Massachusetts wrote that they fear that the administration might
Economy

Democrats warn Trump IRS chief against inflating tax cuts with new withholding tables

Joseph Lawler -
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California state Sen. Kevin de Leon, a Democrat, introduced a bill Thursday that would allow the state to use a charity workaround to shield its residents from some of the impact of the GOP tax bill that passed last year. (AP Photo/Damian Dovarganes)
Campaigns

California state Senate leader introduces workaround for tax law’s SALT limit

Joseph Lawler -
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News

Mike Huckabee: ‘We’re all going to lose patience’ with Jeff Sessions

Melissa Quinn -
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The Internal Revenue Service announced on Wednesday that pre-paying 2018 state and local property taxes in 2017 would be tax deductible
Beltway Confidential

Prepaying your property taxes for 2018 might save you no money

Siraj Hashmi -
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The IRS has informed people of a workaround that would allow property owners to skirt around the $10,000 cap that will be instituted by the tax overhaul that was just signed into law by President Trump. However, it would only apply in very specific circumstances. (AP Photo/Brennan Linsley)
Economy

IRS reveals how Americans can get 2018 property tax deduction that will be reined in by GOP tax overhaul

Daniel Chaitin -
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In this 2017 photo, boxes of donated infant formula are stacked by volunteers. The GOP tax overhaul passed by Congress sets a $10,000 limit on the federal deduction for state and local taxes. But it appears that state and local governments could circumvent that limit by setting up charities to fund programs. Taxpayers could donate to the charities and, in return, receive a tax credit applicable to state or local taxes. (AP Photo/Tony Gutierrez)
Economy

GOP limit on state, local tax deductions could be circumvented with charities

Joseph Lawler -
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President Trump has not signed the GOP's new tax reform legislation, but payroll companies have begun coordinating with the IRS and Treasury about how to implement withholding for the lower tax rates. (iStock)
Business

New tax rates could show up in paychecks as soon as February

Joseph Lawler -
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The IRS cannot predict what loopholes and workarounds corporations and individuals might find under the revised tax code Republicans are expected to pass Tuesday. (Andrew Harrer/Bloomberg)
Economy

IRS to get massive new workload when GOP tax bill becomes law

Joseph Lawler -
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