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Senate Democrats have reached a deal to extend the solvency of Medicare by closing a tax loophole frequently used by law firms and other partnerships.

A Treasury inspector general will review why two former FBI officials who ran afoul of former President Donald Trump were subjected to rare and detailed tax audits.

The two were subject to a rarely used program of intense scrutiny that is supposed to be randomly selected.

Review what you do and how much time you really have to work on what is essential.

The Senate GOP leader said he will block bipartisan legislation to boost U.S. competition with China.

Senate Democrats are working on shrinking the tax increases in the president's economic package as part of a bid to get it passed in the coming weeks.

Here is a short checklist of some methods to find, educate and keep great staff members.

Suspending the federal gasoline tax would be a largely symbolic move by an embattled president running out of options to ease pump prices weighing on Democrats’ political prospects.

The service said that as of June 10, it had processed more than 4.5 million of the more than 4.7 million individual paper returns received in 2021.

Allen Weisselberg, facing a tax fraud trial, argued that state prosecutors are improperly trying to enforce federal laws.

The president said he’s aiming to decide this week whether to move to suspend the federal gasoline tax.

Here are 10 tasks you can do for your clients to prepare them for tomorrow.

Effective June 7, isolation of Russia includes sanctions prohibiting U.S. accounting firms — even U.S. firms operating from offices overseas — from providing a variety of services to Russian individuals and entities.

Oil companies that record a profit margin better than 10% would face a proposed new federal surtax, as Democrats struggle to curb U.S. energy costs and broader inflation.

The scarcity of Black professionals in public accounting is a fact. There are many reasons for that but discussing these reasons won’t solve this issue.

Longtime Trump Organization Chief Financial Officer Allen Weisselberg has hired a seasoned lawyer as the criminal case accusing him and the company of tax fraud gets closer to trial.

The country says it wants a legal guarantee to ensure multinational companies leave more in countries where they generate revenue.

Ask your tomorrow self if today’s self has positioned you adequately and responsibly. If you don’t like the answer, you have time to change it.

The lack of proper representation of Black people in accounting made it much more difficult to attain what two CPAs recently accomplished.

The Internal Revenue Service introduced a new feature that enables taxpayers to check the status of their current tax year and tax refunds for the two previous years as the agency continues to come under fire for processing backlogs.