It took five decades to build Steinhoff. It cratered in two days from accounting scandal

It looked like Steinhoff International Holdings NV had reached escape velocity from South Africa’s deepening economic gloom: A furniture retailer emulating Ikea’s model and global ambitions, built by men with their own compelling rags-to-riches stories.


Solar, wind face stealth tax problems from Republican compromise

A deal meant to preserve a key source of financing for wind and solar developers in the Republican tax bill contains some hidden pitfalls that could undercut its benefit.


Tax bill adds $448B to deficit, right-leaning group says

The final Republican tax bill set for a House vote Tuesday would add $448 billion to federal deficits over 10 years with economic growth factored in, the right-of-center Tax Foundation said Monday.


Trump says U.S. economy to ‘rock’ as GOP races to tax-cut finish

President Donald Trump predicted the U.S. economy is “going to start to rock” when the Republican rewrite of the U.S. tax code is complete after a six-week sprint.


House and Senate poised to approve final tax bill by Wednesday

This week marks the last leg of Republicans’ push to revamp the U.S. tax code, with both the House and Senate planning to vote by Wednesday on final legislation before sending it to President Donald Trump.


GOP tax plan’s uneven benefits miss the mark on Trump’s promises

The Republican tax bill that’s on the brink of passage would vault America’s corporate tax rate into a much more competitive position globally and deliver temporary tax cuts to a broad range of people.


Tax debate update: House plans early vote, Democrats plan drama

Congressional Republicans kicked off the final leg of their six-week legislative sprint to overhaul the U.S. tax code and deliver a major policy victory for President Donald Trump before year’s end. The House is scheduled to vote Tuesday on the tax bill and Senate leaders intend to bring the measure up as soon as they get it.


Trump asks ‘How’s your 401(k)?' but most voters don’t have one

President Donald Trump is trying out a new campaign slogan: “How’s your 401(k) doing?” The answer for more than half of Americans is that they don’t have one.


Pressure center: What clients say about tax reform

Tax preparers share what they’re hearing from their client base about the bill being voted on this week.


Let the tax games begin

The tax reform bill that’s due for a vote this week in Congress will leave lots of tax loopholes for taxpayers and tax practitioners to strategize around for years to come.