Laura Davison

The 2022 tax season, predicted by some to be a perfect storm, is coming to a close with barely a stiff wind.

The projections foreshadow a sharp increase in corporate tax collections because of a pact between nearly 140 countries to implement a 15% minimum rate.

Elizabeth Warren and Judy Chu want to know why those making less than $25,000 are audited more often than those making more than $200,000.

The legislation would cause sanctioned Russian oligarchs and American companies that pay taxes to Moscow to lose some of their U.S. tax benefits.

Manchin doomed two pieces of the plan — ending a tax break for fossil fuels and taxing unrealized capital gains — just hours after Biden announced them.

President Joe Biden made a fresh effort on Monday to persuade Congress to take steps to overhaul the tax code and squeeze more revenue from the largest companies and the wealthiest households.

The proposal aims to collect more revenue from the largest U.S companies that are earning more than they did before the pandemic and war in Ukraine.

The request will show a $1 trillion reduction in deficit spending over the coming decade, generated in part by a new tax targeting billionaires.

Rep. Bill Pascrell is looking at coach compensation information to see if their large salaries run afoul of the schools’ tax-exempt status.

The service is outmatched in resources and expertise when it audits some of the largest companies in the country, the agency’s top official said.