Industries

The senator's opposition to giving clean-energy developers direct payments may significantly reduce the tax credits they could get from Democrats’ reconciliation package.

Senate Democrats have scrapped a $4,500 bonus tax credit for electric vehicles made with domestic union labor as they seek to wrap up negotiations on a spending deal.

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.

R&D amortization; FAQs’ limits; ‘tax’ by any other name; and other highlights from our favorite tax bloggers.

The Senate Finance chairman is investigating the embattled drugmaker and formula producer’s low tax rates, alleging the company’s investments in stock buybacks may have driven the nationwide formula shortage.

Biggest practice blunders; yet another reason to raise taxes; the court looks back; and other highlights from our favorite tax bloggers.

Employees at accounting firms and other types of businesses are continuing to work remotely, or coming into the office less, as the COVID-19 pandemic continues with the emergence of new and more transmissible Omicron subvariants.

The combination is a powerful tool, as long as the taxpayer and their advisor are familiar with the interaction of these tax laws.

The auditor refused to provide an opinion on the accounts after the embattled German landlord withheld information on some deals.

The Democratic senator pushed back on proposal to expand the popular credit, adding a new obstacle to White House plans for fighting climate change.