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The Internal Revenue Service cautioned taxpayers to steer clear of promoters who claim their services are needed to handle unpaid debts, saying such businesses often charge excessive fees and often produce no results.

Officials from the IRS's Criminal Investigation division are meeting with leaders from Australia, Canada, the Netherlands and the U.K. this week for a Cyber Challenge.

The Internal Revenue Service has proposed guidance on the credit, which was modified by the Inflation Reduction Act.

Startups will need to clean up their recordkeeping if they want to have any hope of raising new venture capital. 

Navigating Medicare can be a complex task for retirees, and accountants play a crucial role in guiding their clients through this essential aspect of retirement planning.

Three people shared the award after disclosing an offshore tax-evasion scheme that spanned 15 years, enabling the IRS to collect $263 million from an unidentified individual.

The former president pledged to lift a cap on the state and local tax deduction valuable to many New York homeowners that he imposed as president.

The Federal Reserve lowered its benchmark interest rate by a half percentage point Wednesday, an aggressive shift aimed at bolstering the U.S. labor market.

Prosperity Partners, a private equity-backed firm in Chicago, has completed the acquisition of Detroit-based Cendrowski Corporate Advisors.

A new Deloitte survey shows 58% of CFOs saying the result of the presidential election will be extremely or very consequential for their organization.