Tax bill

Due to a temporary change in the law, student loan forgiveness is not considered federally taxable income. State tax laws vary, though.

Estimated taxes are usually predictable, but not this year because many businesses' 2020 income was so erratic.

States are scrambling to raise money — and changing their unemployment systems in other ways.

Millions would become eligible, and the benefit could triple for some.

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.