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The Internal Revenue Service may be facing steep cuts in its budget with the win on Tuesday night of President-elect Donald Trump.

Over half of accounting and tax firms plan to increase fees across all services in 2025, according to a new survey.

Illinois voters approved a nonbinding proposal to add an extra 3% levy on annual incomes of more than $1 million, which could fuel a new effort to raise taxes on the state's highest earners.

In an age where every dollar counts, AI is emerging as a game-changer in helping businesses optimize their cash flow processes with precision and scalability.

Donald Trump is returning to the White House, and the U.S. economy is in for a wild ride.

A complex mixture of new or expiring laws, intersecting retirement planning questions and the threat of so-called stealth taxes could add up to a highly beneficial strategy.

Plus, AI agents in Dynamics 365, Teams joins the fight for work-life balance, and seven other recent developments in technology.

Almost 10 months after scandal shook Archer-Daniels-Midland Co., the commodity-trading giant has yet to sort out its accounting.

With 2025 nearly here, year-end tax strategies including gifting, charitable donations, estate planning, retirement plans and more are on the table.

The GOP defeated Banking Chairman Sherrod Brown in Ohio, fended off an unexpectedly tough challenge to Nebraska' Deb Fischer and picked up the open Senate seat in West Virginia.