Taxes

Correction: Conflicted Interests story

A recent change in Iowa's tax code spared Mark Chelgren's machine shop, welding company and wheelchair-parts plant from paying sales tax when buying certain supplies such as saws and cutting fluid.

Correction: Conflicted Interests-ABRIDGED story

A recent change in Iowa's tax code spared Mark Chelgren's machine shop, welding company and wheelchair-parts plant from paying sales tax when buying certain supplies such as saws and cutting fluid.

Will US companies put overseas cash to work? Don't bet on it

The Republican tax plan seems about to hand a bow-tied holiday gift to some of America's richest multinational companies, from Apple and Microsoft to Google's parent Alphabet: Tens of billions in tax breaks on profits they've parked overseas.

Bitcoin and taxes: What you need to know

If you are one of the many individuals who owns bitcoins, or is thinking about buying into the emerging technology, one important thing to note is that the Internal Revenue Service (IRS) does not in fact treat the burgeoning digital currency as a currency.

Business Highlights

___ Tax package would ease hit to residents of high-tax states WASHINGTON (AP) — Congressional Republicans are speeding toward an agreement on a massive tax package that would ease the hit on residents of high-tax states and appease corporations that could have lost precious tax breaks.

The Latest: GOP agrees to lower top tax rate for individuals

The Latest on the Republican tax overhaul (all times local): 12 p.m. House and Senate negotiators are rushing to finalize the Republican tax legislation for a vote next week, to deliver the promised measure to President Donald Trump before Christmas.