Bloomberg News

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.

Mike Lyons blamed a raft of operational shortcomings for the earnings disappointment that triggered a record rout in the payments giant's stock last month.

President Trump's idea of mailing $2,000 "dividend" payments from tariffs to citizens marks a throwback to the stimulus checks distributed during COVID.

The Treasury Secretary said he hadn't spoken to the president about this idea but "the $2,000 dividend could come in lots of forms, in lots of ways.

Among the targets of the audit is a business development program designed to serve socially or economically disadvantaged individuals.

As WNBA commissioner, ex-Deloitte chief Cathy Engelbert has transformed women's basketball, but a standoff could threaten her leadership and her legacy.

Several investors in the accounting software provider are pushing the company to explore a potential sale following reported takeover interest by SAP.

A lawsuit claims the executive siphoned hundreds of millions of dollars as the auto parts company doctored its accounts and promised the same collateral to different lenders.

Voters in the Texas capital blocked a property tax increase that would have raised tens of millions of dollars to support homeless people and pay for other services.