Tax reporting and compliance could be negatively impacted by Tax Court ruling potentially exposing AI software use to large ...

Congress is drafting the “No Tax On Tips” legislation, but it would only apply to certain employees, leaving out independent ...

A donation to the Met Museum provided a $74 million tax write-off—until the taxmen stepped in.

The report said that the Budget Lab at Yale is projecting that taxes at a 40% rate on income above $1M would generate $420B over 10 years. Meanwhile, the Tax Foundation in a preliminary analysis ...

In an effort to cut the UK’s ‘tax gap’ by targeting large firms and wealthy individuals, HM Revenue and Customs (HMRC) has boosted the cash rewards available to Brits who report fraudsters.

Republicans are considering a tax hike on the wealthy, and Grover Norquist is beside himself. “It’s an incredibly destructive idea economically, and very foolish politically,” the longtime ...

The Massachusetts Society of CPAs are urging for tax reform in the Bay State after its public policy and state competitiveness report reveals outmigration. The report, released this week ...

A recent Supreme Court ruling requiring lower courts to report civil suits and property registration documents involving cash transactions of ₹2 lakh or more to the Income Tax Department is ...

The IRS' free tax filing program is in jeopardy as the agency faces continued cuts from the Trump administration. Funded under the Inflation Reduction Act in 2022, the program has been heavily ...

According to the report by The Associated Press, IRS staff assigned to the program were told in mid-March to stop working on Direct File's development for the 2026 tax filing season. Stock image ...