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"I'm so glad tax season is over!" is a phrase often heard from accountants. Why would anyone would say this?

White House officials are preparing executive orders that would strip some environmental nonprofits of their tax-exempt status.

Treasury Secretary Scott Bessent appointed his deputy, Michael Faulkender, to lead the IRS, after Gary Shapley had been installed without Bessent's knowledge.

The university pushed back against the U.S. government after President Donald Trump said the school should lose its tax-exempt status.

Harvard's tax-exempt status affords the school a variety of benefits, such as not having to pay traditional property taxes on educational buildings.

If you were designing a CPA practice from scratch, what would you do about tax season? Keep it as is, make some changes or possibly eliminate it?

The highest average tax rate on imports in more than a century could raise prices and stunt economic growth.

The legislation blocks a rule that would have forced some cryptocurrency brokers to provide tax information on transactions on their platforms.

President Trump' and congressional leaders successfully corralled House Republican lawmakers to approve a Senate-passed budget outline.

The first wave of layoffs and others in the works will reduce enforcement. But the smaller ranks will still carry out "a rather grueling examination," an expert says.

President Trump's so-called reciprocal tariffs are dealing a thunderous blow to the world economy as he pushes forward efforts to drastically reorder global trade.

President Donald Trump rejected a European Union proposal to drop tariffs on all bilateral trade in industrial goods with the U.S.

Is this a fantasy situation, a made-up story or the reality in your firm?

The National Treasury Employees Union asked a judge for emergency relief to preserve collective bargaining rights in response to a Trump executive order.

Financial advisors have the opportunity to spur important discussions and bring peace of mind to the uncertainty around the Tax Cuts and Jobs Act, an expert said.

President Trump's imposition of steep tariffs on countries around the world is likely to drive demand for accounting experts and consultants.

Trump told reporters he plans to launch reciprocal tariffs with "all countries," countering speculation he could limit the initial scope.

Due diligence and caution are important when evaluating investment opportunities and business plans that are being pitched.

In a late night Truth Social post, Trump said large-scale tariffs "far larger than currently planned" would be placed on them in such a scenario.

Tax season usually is the most stressful period of the year for accountants. Staying calm will help you, your clients and staff.