Bloomberg News

President Donald Trump is granting pardons to reality television stars Todd and Julie Chrisley, who were convicted of fraud and tax evasion.

Elon Musk expressed dissatisfaction with President Donald Trump's giant tax bill, saying it undercut his efforts to slash government spending.

The artificial intelligence company was facing legal scrutiny in the weeks before it went bust.

Investors in nations with tax regimes that the U.S. deems unfair would face higher tax rates on income earned in the U.S. if the tax bill becomes law.

The measure would clamp down on energy tax credits created or expanded by the 2022 Inflation Reduction Act by imposing a slew of new restrictions.

The reconciliation process allows tax and spending legislation to pass with a simple majority in the Senate, but the bill still needs to survive the Byrd Rule.

The bill would levy a 5% tax on remittances for noncitizens and foreign nationals, on top of a roughly 5% to 10% fee already charged on the payments.

The Financial Reporting Council found EY "demonstrated a complete lack of professional skepticism" and failed "to be alert to conditions that may have indicated possible fraud."

EY continued to audit NMC Health Plc despite suspicions that management withheld key documents that revealed its true debt position.

By agreeing to share taxpayer data at all, the Internal Revenue Service is taking an unprecedented step that breaks with longstanding assurances.