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The deal that led the House to increase the maximum deduction for state and local taxes to $40,000 is not set in stone in the Senate.

Prospects for an even more dire U.S. fiscal trajectory threaten to stoke concerns about the bill among GOP fiscal hawks.

Private sector employment increased by only 37,000 jobs in May, down from a revised figure of 60,000 in April, while annual pay increased 4.5% year over year.

Big Four firm PwC announced it can now provide assurance on AI systems to see if they've been designed and operated responsibly.

Fieldguide released Field Agents for Financial Audits, which comes with an agentic AI "Audit Testing Agent" to automatically execute the testing workflow.

Senate Republican Leader John Thune has been a vocal critic of the 40% estate tax paid by the wealthiest U.S. individuals when they die.

The Treasury Inspector General for Tax Administration's latest report to Congress includes successes and failures at the IRS.

The Internal Revenue Service's new Data Book shares a host of positive results from last year.

The National Student Clearinghouse Research Center published the latest edition of its Current Term Enrollment Estimates series.

Notice 2025-27 from the IRS offers an optional method for determining an applicable corporation for the corporate alternative minimum tax.