The Latest

Millions on OnlyFans; 'Administrative Expenses;' cookie decorating class; and other highlights of recent tax cases.

The National Association of Tax Professionals is asking Senate Finance Committee leaders to prod their colleagues to take up the wide-ranging legislation.

The Internal Revenue Service is making progress on its efforts to move all taxpayers toward electronic payments, but still faces barriers.

The Defense Department plans to shift from its traditional use of cost accounting to the more widely prevalent U.S. GAAP to make it easier to do business with companies.

If the non-filing was innocent, the strategy may be civil. If it was willful, the strategy may need to begin with criminal tax counsel.

There's a new financial model in college sports, and it looks a lot more like the club seats and swanky amenities offered by pro teams.

Earnings before interest, taxes, depreciation and amortization has long been considered a fairly fuzzy number, especially when it comes to riskier borrowers.

The agency is also proposing to overhaul the proxy solicitation process by eliminating the so-called glossy report.

Members of the hard-right Freedom Caucus threatened to tank the House agenda but let up after they said leaders promised them a gas tax suspension vote.

The House Ways and Means Committee held a markup session to consider the Digital Asset Tax Certainty Act, EFIN Verification Act and FULL HOUSE Act.