Senator Joe Manchin is pushing back against efforts to apply broad interpretations to a tax credit for electric vehicles that he largely wrote.

Sens. Ben Cardin, a Democrat, and Tim Scott, a Republican, introduced bipartisan legislation to offer tax credits for tips to beauty services providers.

One of the most anticipated tax extenders was a delay in the Section 174 amortization requirement. With the extenders not passing, many taxpayers are asking, "What now"?

The venture capital firm will work with Ernst & Young on some of these audits and will increase budget allocations to help investee companies put governance guardrails in place.

Hours after revealing a scandal, Sergio Rial attempted to explain the accounting gap that pushed him to quit his new job at the helm of Americanas.

The board voted to approve an update that would enable more companies to opt for a proportional amortization accounting method for their tax credit investments.

States are trying to make a path toward that revenue stream, but a tax solely on digital advertising was not the way to do it.

Financial forecasting plays a pivotal role in the success of a business. That's why it's important to avoid missteps in creating this vital report.

The Internal Revenue Service is in the process of revising dozens of tax forms and developing tax regulations to implement the Inflation Reduction Act, according to a new report.

The Internal Revenue Service has been steadily ramping up its enforcement of partnership tax compliance.

The average effective tax rate of profitable large corporations fell from 16% in 2014 to 9% in 2018 after passage of the Tax Cuts and Jobs Act of 2017.

The House voted to repeal billions of dollars of Internal Revenue Service funding that Democrats approved last year, an issue that is likely to crop up repeatedly this year.

Rep. Jason Smith will lead the powerful House Ways and Means Committee.

Republicans plan to vote as soon as Monday on one of their priorities after picking a new leader of the Ways and Means Committee.

While McCarthy offered a customary nod to hopes of cooperation with political opponents, he concentrated on unifying Republican populists by taking aim at enemies like the IRS.

A new bill could tighten government auditing rules in Montana, including adding penalties for state employees who do not comply with audits.

The revenue-raising provision of the Tax Cuts and Jobs Act took effect despite efforts to extend the tax break.

If the 'secondary' spouse makes a balance-due payment to the IRS, it may not get credited to their account.

Notice 2023-2 offers interim guidance on the 1% tax introduced by the Inflation Reduction Act of 2022.