Taxes

A nonpartisan group says the Republican tax bill would cut taxes on average for all income groups next year, with bigger reductions for upper-income people.

The Senate Finance Committee chairman is rejecting as "categorically false" a report that Republican Sen. Bob Corker of Tennessee was responsible for a provision in the final tax bill that could help him financially.

The Latest on the tax bill moving through Congress (all times local): 4:40 p.m. Maine Republican Sen. Susan Collins says she'll vote for her party's tax bill this week.

Republican U.S. Sen. Susan Collins said she'll vote for a tax reform overhaul she claims will help Maine businesses and lower taxes for most Maine households.

While the GOP works on passing a finalized tax reform bill, here's how you can maximize profits.

Cue the accountants — and the IRS rule-writers — the massive Republican tax package is nearly a done deal, soon to become law.

TAX AGREEMENT AND SMALL BUSINESSES The Republican agreement on a tax bill gives many small company owners breaks on their business income taxes and allows them to deduct a larger portion of their equipment purchases.

Share prices were mostly higher in Asia on Monday, lifted by robust trade data from Japan that suggest a sustained recovery in demand in China and other major markets.

The European Union's executive branch is warning the United States that its planned tax overhaul could violate some of its international obligations and risks "seriously hampering" trans-Atlantic trade.

The European Union is opening an in-depth probe into Ikea's taxation model in the Netherlands, its latest effort to go after sweetheart deals for big multinationals.

House Ways and Means Committee Chairman Kevin Brady discussed on Sunday the details of the final tax plan released by Republican lawmakers on Friday.

Despite the sheer size and society-spanning impact of the $1.5 trillion tax overhaul, the quickest and most potent political victory that Republicans would savor by pushing the bill through Congress next week may be what it averts: another big GOP legislative crash in the age of Trump.

The Latest on Republican tax overhaul legislation (all times local): 10 a.m.

U.S. stocks moved broadly higher in early trading Friday, erasing modest losses from the day before.

The latest on developments in financial markets (All times local): 9:35 a.m.

Republican Marco Rubio's potential defection over a tax credit for low-income parents put a speed bump into GOP leaders' drive to push their big tax package through the Senate, but it's a complication that's likely to be resolved.

Tennessee Republican Sen. Bob Corker announces support for tax bill, boost for GOP.