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.


GOP tax bill hands biggest benefits to top earners, study says

The final Republican tax bill would lower taxes on average across the income spectrum for the first eight years, with the largest benefits going to upper earners, according to a new analysis Monday by the Urban-Brookings Tax Policy Center.


Senate GOP appears to clinch tax bill vote with Collins support

Republican Senator Susan Collins of Maine said she’ll back the GOP tax bill—putting to rest any questions about her support.


Jersey CPAs divided on legalizing marijuana

More than 50 percent of New Jersey CPAs are in favor of legalizing recreational marijuana in the Garden State, but 47 percent are opposed, according to a new poll by the New Jersey Society of CPAs.


States could gain billions from taxing online sales

State and local governments could gain between $8 billion and $13 billion in tax revenue this year if states were given the authority to require sales tax collection from all remote sellers, such as e-commerce websites, according to a new government report.


Three looming worries for bankers in final tax reform plan

With tax reform close to the finish line, bankers are still clear winners from the compromise worked out between House and Senate negotiators. But the bill includes some caveats that might give institutions pause.


Mercadien Group holds community service carnival

The Princeton, N.J. firm hosted the local preschool class of the Milhill Child & Family Development Center.