The Latest

The Internal Revenue Service needs to do a better job of managing its employees in the wake of budget cuts that have forced the IRS to severely reduce tax audits, or else it could be putting its mission at risk, according to a new report from the Government Accountability Office.

The institute also released guidance on auditing prior-period financial statements.

Bipartisan legislation would make a technical correction in the Tax Cuts and Jobs Act that has kept many stores and restaurants from renovating their facilities.

These red flags always draw the IRS’s attention.

Failure to establish nexus may undermine a bid for research and development tax credits.

Tax professionals offer their top strategies for surviving and thriving through April 15.

Wirecard AG surged the most in more than a decade after saying irregularities found in an external investigation into fraud allegations in Asia weren’t material.

Tax pros share how they handle panicking self-preparers.

The administration is hardening its legal position toward the Affordable Care Act, arguing now the entire law is unconstitutional.

Dustin Stamper and David Sites of the Washington National Tax Office of Grant Thornton dig into some of the biggest opportunities for businesses and individuals in the Tax Cuts and Jobs Act.