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The world’s richest nations have set the stage for a revolution in corporate taxation, but they still have their work cut out to actually achieve that overhaul.

The Treasury secretary suggested that if Congress were to pass a capital-gains tax hike effective starting in April 2021, that wouldn’t count as a retroactive increase.

A federal judge pressured lawyers for Donald Trump and House Democrats to settle their long battle over a subpoena of records from the former president’s accounting firm.

Representative Tom Suozzi, one of the leaders in Congress behind the push for an expansion of the state and local tax deduction, is considering proposing a one-time wealth tax on the richest Americans.

The Internal Revenue Service and the Treasury Department introduced an online tool that enables families to register for monthly payments of the expanded Child Tax Credit.

Most small firm owners who are considering retirement are not familiar with how selling a practice works and how to get started.

President Joe Biden’s quest to enact his $4 trillion economic agenda enters a turbulent new phase Monday as the U.S. House comes back into session and Democratic representatives ramp up pressure on the Senate to produce a bipartisan compromise or stop prolonging the effort.

The debate over how to pay for the nation’s roads, bridges and transit systems is leading some normally anti-tax Republicans to embrace higher levies on motorists.

The proposal calls for $579 billion in net new spending beyond outlays that Congress was already expected to enact.

Republican and Democratic senators said they’re open to considering the first change in the national gasoline tax since 1993 to help fund a bipartisan infrastructure spending package.

The disclosure of the personal income and tax data of some of the wealthiest Americans has been referred to additional federal investigators.

The Internal Revenue Service is sending letters to over 36 million families about how they may be able to qualify for monthly Child Tax Credit payments, beginning in July.

Partner retreats are a hot topic this time of year, with planning for a summer or late October meeting.

The club of rich nations secured a landmark deal that could help them collect more taxes and impose levies on U.S. tech giants such as Amazon and Facebook.

The American Jobs Plan would take taxes on GILTI through the roof.

Sen. Ron Wyden has questions about why the company consistently loses money in the U.S. and doesn’t pay more in taxes.

The Biden administration has proposed requiring the collection of data on foreign cryptocurrency investors active in the U.S., aiming to bolster international cooperation to help in a broader crackdown on tax evasion.

The so-called 1031 like-kind exchange rule was created a century ago to aid family farmers.

Writing something that people would want to read is essential to establishing yourself as an expert, publicizing your practice, sharing what you know and your experience, and learning more about your topic.

Richard Neal, the chair of the House Ways and Means Committee, will be a key player in the coming tax debates.