Bloomberg News

TCS Group founder Oleg Tinkov pleaded guilty in a 2013 case that accused him of concealing assets.

A Swiss firm and five bankers were charged with tax fraud conspiracy for allegedly helping hide $60 million in assets.

The U.K.’s accounting watchdog has imposed sanctions against Grant Thornton Ltd., and a partner at the business, for its role in the alleged accounting fraud at the Patisserie Valerie bakery chain.

The law professor who’s coordinated President Biden’s sweeping tax proposals is finding that many Democrats don’t share his zeal to soak the rich.

President Biden plans to urge Democrats to unite, focusing on the struggles of middle class families.

The proposal to end the step-up in basis was already facing obstacles before it was left out of draft legislation.

The progressive Democratic congresswoman Alexandria Ocasio-Cortez used the Met Gala to make a political statement by wearing a dress with the message splashed across the back.

Intuit Inc., the maker of TurboTax and QuickBooks software, agreed to buy privately held email marketing firm Mailchimp for $12 billion in cash and stock, uniting two providers of services for small businesses.

Two senior Democratic senators proposed the tax in an effort to boost investment and reduce what they termed 'tax avoidance.'

The stumbling block is scrapping the deduction limit without losing progressives wary of a tax cut that would overwhelmingly benefit the wealthy.