Bloomberg News

The tax deduction applies to new cars assembled in the U.S. purchased from 2025 through the end of 2028.

Unlike equity investors, who must plan around the 31-day exclusion window, cryptocurrency holders can sell and repurchase in the same session.

Democrats across the U.S. are increasingly exploring taxes as a way to capture the populist moment and address the country's widening wealth gap.

The venerable U.K. retailer also cut its annual dividend after an accounting error in its North American business triggered a stock slump.

The U.S. arm of the professional services firm that succeeded the shuttered accounting giant Arthur Andersen rallied 47% in its trading debut.

Ameryn Seibold was tasked with manipulating the Excel data that the subprime auto lender regularly sent to its financiers.

At the IPO price, Andersen would have a market value of around $1.7 billion based on the outstanding shares listed in its filings.

The Trump administration singled out prominent companies, including Accenture, Siemens and Spotify, as possible targets for new restrictions or fees.

Wealthy taxpayers in high-tax states like California, New York and New Jersey are the biggest winners, as are workers who collect tips or overtime, and seniors.

Republicans already hit hospital finances in their massive tax and spending package this summer that included cuts to Medicaid.

Brazilian President Luiz Inacio Lula da Silva wants his U.S. counterpart to arrest the Florida resident accused of being the South American country's biggest tax debtor.

Andersen Group, the U.S. arm of the firm that succeeded the shuttered accounting giant Arthur Andersen, is seeking an initial public offering.

Lengthy utility permitting times could imperil customers' tax credits if their systems aren't in place by Dec. 31.

As part of a tie-up with Thrive Holdings, OpenAI will work with Thrive to speed up business adoption of AI, starting with accounting and IT services.

Republicans are divided on whether to extend premium tax credits, loathed by the GOP's right flank because of the costs and lingering opposition to former President Obama's legislative achievement.

The company has struggled to meet SEC deadlines amid souring investments, flaws in its financial reporting and an ongoing investigation.

Senator Todd Young is urging the IRS to reconsider guidelines on the tax treatment of rewards crypto owners collect for locking assets on a blockchain network.

The company, part of Malaysia's Genting Group, wants the state to lower its proposed tax rate or raise the levy that may be imposed on the other bidders.

Grant Thornton International is considering a possible minority stake sale of its Indian unit or a merger with its operations in the U.S. or Europe.

Chinese tax authorities ordered e-commerce giants to hand over sales data for the first time, in a rare move to crack down on tax evasion.