SCOTUS

The court agreed to decide how steep the penalties are for people who fail to file required reports with the federal government listing their foreign bank accounts.

The unanimous decision overturned a Tax Court refusal to hear a taxpayer’s challenge to an IRS assessment that came one day late.

The Supreme Court declined to review a New York-led constitutional challenge to the $10,000 cap on state and local tax deductions imposed by Congress in the 2017 tax law.

A district court has vacated IRS Notice 2016-66, which designated micro-captive insurance arrangements as “transactions of interest,” and thus reportable.

Lawyers for former President Donald Trump are asking a federal judge to block the release of his tax returns to Congress, saying Democrats’ pursuit of the documents amounts to political retaliation.

The justices declined to hear a case from a group of Colorado dispensaries challenging the service's ability to investigate them.

Taxpayers won't be able to recover previously paid Medicare taxes and NIIT.

The Supreme Court rejected a New Hampshire challenge to Massachusetts’ practice of taxing people who started telecommuting from elsewhere during the pandemic.

The former president and the House Oversight Committee failed to agree on the release of his financial documents after several rounds of negotiations.

The justices rejected a challenge by Republican-controlled states and the Trump administration to a landmark law that provides health insurance to 20 million people.

The Biden administration urged the U.S. Supreme Court to turn away a New Hampshire lawsuit that challenges Massachusetts’ practice of taxing nonresidents who once worked in the state but now do their jobs from home.

The court unanimously ruled against the service in a decision enabling taxpayers to sue over a tax regulation, even before any penalty has been assessed.

The former president's attorneys are calling the subpoena unconstitutional and unenforceable.

In a court filing Wednesday, the Treasury Department and the Justice Department said they were still weighing how to respond to a subpoena by House Democrats.

Donald Trump, who managed to keep his tax returns a secret the entire time he was in the White House, is about to see them fall into the hands of a New York prosecutor looking into possible criminal charges against him.

The U.S. Supreme Court put a New York grand jury on the brink of getting eight years of Donald Trump’s tax returns and other financial records, ending months of delay by rejecting his bid to keep the information private.

The year ahead will be full of tax uncertainties in the U.S. and internationally, ranging from digital taxes and carbon taxes to possible tax hikes under the Biden administration.

New Hampshire is seeking to sue directly at the high court to challenge the Massachusetts practice of taxing nonresidents who used to work in the state but now do their jobs from home.

Investigators probing Donald Trump’s finances have gotten hold of some of his tax records, allowing them to move ahead even without a Supreme Court order that would give them eight years of his returns.

Two key U.S. Supreme Court justices indicated they are inclined to uphold the bulk of the Affordable Care Act as the court weighed the fate of a landmark law that provides health-insurance to 20 million people.