Person Root Tag

The moment Biden signed the bill was effectively the starting gun for a race to write new policies to implement its clean energy tax credits, climate programs and environmental mandates.

Weisselberg and the Trump Organization were accused of conspiring to avoid income taxes by giving some employees perks that weren't reported to state tax authorities.

Dozens of congressional Republicans and Democrats made the demands in a letter to the Internal Revenue Service.

Private placement life insurance, or PPLI, is a decades-old strategy that has been gaining popularity among the super-wealthy as a way to protect their fortunes from income and estate taxes.

The president is expected to sign the bill this week but hold a celebration in Washington on Sept. 6, after lawmakers have returned from their summer recess.

The defendants argued that state prosecutors had no authority to bring charges for alleged avoidance of federal income tax and suggested that some of the perks could be characterized as "gifts."

Donald Trump is taking the Fifth as he sits for a deposition on a probe into potentially fraudulent valuations.

The U.S. Court of Appeals for the District of Columbia Circuit rejected Trump's appeal of a lower court's ruling.

There will be fewer future buyers of practices, leaving the next generation of solos who want to retire perhaps unable to find a suitable buyer.

President Joe Biden and Senate Majority Leader Chuck Schumer are the biggest winners now that a huge piece of Democrats' economic agenda is hurtling toward enactment.

The legislation aims to prevent large corporations from exploiting tax breaks to pay little if any tax, and it would allow Medicare to negotiate drug prices for the first time.

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 Treasury Secretary waded into the congressional debate over proposed economic and climate legislation.

About half of a new alternative corporate income tax would be paid by companies that self-identify as manufacturers.

Some very important work is often given to an entry-level person instead of a much more experienced accountant.

A minimum corporate tax rate wouldn’t spark higher consumer prices, according to the senator.

Senator Joe Manchin and Majority Leader Chuck Schumer have struck a deal on a tax, energy and climate bill, breaking a deadlock on the Democrats’ long-sought legislation to enact major parts of President Joe Biden’s agenda.

Senate Majority Leader Chuck Schumer and West Virginia Senator Joe Manchin released the outline of a tax, climate and health care deal on Wednesday, in what could prove to be a major breakthrough after weeks of negotiations.

The U.S. would collect an additional $318.7 billion over the next 10 years by implementing the 15% global minimum tax and exercising the undertaxed-profit rule.

Having a goal of added services for 5% of tax clients generates revenue and in some cases provides a life-altering benefit.