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Elizabeth Warren and Judy Chu want to know why those making less than $25,000 are audited more often than those making more than $200,000.

U.S. consumer prices rose in March by the most since late 1981, reinforcing pressure on the Fed to raise interest rates even more aggressively.

The service has been under pressure from Congress and accounting groups to perform better as another hectic tax season comes to a close.

The last week of the “official” tax season is starting right now. Here are some things I did to lighten the mental load.

Treasury Secretary Yellen is counting on the support of corporate America for the deal to win passage in Congress — a crucial step for its worldwide success.

The IRS has the expertise to enforce President Joe Biden’s proposal to tax the unrealized gains of mega-millionaires and billionaires, Senator Elizabeth Warren contended in the face of criticism over the workability of a proposal she strongly supports.

The Treasury secretary said a digital dollar would take years to develop if the U.S. decides to proceed with one, underscoring a deliberate approach by policymakers.

The legislation would cause sanctioned Russian oligarchs and American companies that pay taxes to Moscow to lose some of their U.S. tax benefits.

President Biden signed an executive order to strengthen the ACA, in part by closing a loophole that prevents millions of Americans from accessing subsidies.

The pharmaceutical company's finances came under scrutiny as Sen. Ron Wyden asked how it booked profits overseas last year while its tax rate dropped.

Teens need to hear about the wonderful opportunities available in the profession of public accounting.

Manchin doomed two pieces of the plan — ending a tax break for fossil fuels and taxing unrealized capital gains — just hours after Biden announced them.

Here is a peek into what can be expected in the near future.

The state says it has already uncovered evidence that the Trump Organization used faulty valuations on financial statements to get loans.

Biden’s 10-year outlook still would rack up $14.4 trillion in deficits — most of it on autopilot — even after accounting for that $1 trillion in net deficit cuts from new policies like tax increases on the wealthy and corporations.

President Joe Biden’s plan to tax unrealized capital gains ran into opposition from key Democratic Senator Joe Manchin, likely dooming it just hours after it was sent to Congress.

Tax proposals in the Biden administration’s budget include plans to raise the corporate tax rate to 28% and to tax the unrealized capital gains of “extremely wealthy” individuals.

They are the latest target of probes into whether Opportunity Zones are driving investment and job creation in low-income communities.

President Joe Biden made a fresh effort on Monday to persuade Congress to take steps to overhaul the tax code and squeeze more revenue from the largest companies and the wealthiest households.

The administration is calling for more than $2.5 trillion in tax hikes on wealthy and large corporations over a decade.