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The plan offers the clearest picture yet of the higher levies that companies could be paying from next year.
August 25 -
Rich Americans may have to wait until deep into the fall, or later, to find out how much they'll owe.
August 20 -
The Senate Finance Committee chair introduced legislation with tax credits aimed at ending homelessness and providing affordable housing.
August 18 -
Wyden’s proposed legislation would require them to pay tax annually on unrealized gains.
August 6 -
A bipartisan group released an alternative cryptocurrency revenue-raising plan.
August 5 -
Two senior Democrats are proposing a bill that would go further than President Joe Biden’s plan and potentially raise quadruple the revenue.
August 5 -
New reports indicate 497 high-income taxpayers had over $150 million in their individual retirement accounts, and nearly 25,000 taxpayers had aggregate IRA account balances of $5 million or more.
July 28 -
The Internal Revenue Service’s Criminal Investigation division is cautioning taxpayers and tax professionals to beware of scams related to the expanded Child Tax Credit in which fraudsters are trying to steal money and personal information.
July 22 -
Accounting gimmicks may be needed to keep the federal government from defaulting.
July 21 -
The Senate Finance Committee chairman's legislation would streamline the 199A deduction for qualified business income, allowing accountants, lawyers, doctors and others to qualify, but phasing out above $400,000.
July 20