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A top Democrat pushing for a new minimum tax on companies invoked fresh data showing more than 100 profitable U.S. corporations paying an average tax rate of just 1.1% as a showcase for the initiative.

The path was nearly cleared for one of the cornerstones of President Joe Biden's domestic agenda after Democrats agreed on a revised version of their tax and climate bill.

One sentence at a time; comp con; D.A. cleared; and other highlights of recent tax cases.

A group of 25 high school students traveled from across Massachusetts to attend the Accounting Careers Exploratory Leadership event organized by the Massachusetts Society of CPAs.

The Financial Accounting Standards Board collected feedback from investors on various financial topics.

National Taxpayer Advocate Erin Collins is protesting a decision by Internal Revenue Service officials to postpone implementation of scanning technology.

Companies that have thought about the tax implications of a spin-off should also consider the implications for the tax function itself.

There are many options for CPAs looking to utilize technology to assist their firm and clients.

Included in the $433 billion Inflation Reduction Act is a 10-year production tax credit for nuclear energy producers.

As cloud computing becomes ubiquitous in the tax solutions world, IT decision makers have become more keenly aware of its limitations.