Bloomberg on MSN: Trump’s Tax Cut Delivers at Least $65 Billion Windfall to Corporations Some of the country’s wealthiest corporations are calculating they owe far less to the Internal Revenue Service as a result of President Donald Trump’s overhauled tax code, underscoring how a law ... The state and local tax deduction for corporations should be repealed in exchange for pro-growth corporate tax reform. In the Tax Cuts and Jobs Act (TCJA) of 2017, Republicans capped the state and ...

Understanding the Context

Forbes contributors publish independent expert analyses and insights. Nathan Goldman is a tax prof. at NC State Univ. With the onset of ASU 2023-09 starting for most firms in 2025, corporations must ...

Key Insights

MarketWatch on MSN: Corporate tax cuts from the 'Big Beautiful Bill' aren't giveaways — the new law actually fuels investment Corporate tax cuts from the 'Big Beautiful Bill' aren't giveaways — the new law actually fuels investment RealClearMarkets: A Higher Corporate Tax Rate Would Cost New York Jobs, Businesses Corporate tax policy doesn't usually drive day-to-day portfolio decisions. But for business-owning clients, it can meaningfully shape everything from entity choice to where future growth makes the ...