The House Speaker and a group of centrist Democrats will resume talks after hours of negotiations failed to break a stalemate late Monday.

Experts and leading practitioners are looking at ways to mitigate the possible affect of the legislation from a tax perspective.

After early progress in the Senate, the administration's plans now face a crucial test this week in the House.

Rich Americans may have to wait until deep into the fall, or later, to find out how much they'll owe.

Fintechs were almost five times more likely than traditional lenders to be involved with suspicious loans issued through the program, according to a new study.

Padgett Business Services and NCCPAP have spotted areas where the Employee Retention Credit may be hurting small businesses.

The speaker of the House had floated a potential compromise, but it was rebuffed.

Guidance is expected next week to clarify that reporting requirements won't impact many key players.

The organization says Notice 2021-49 is particularly damaging to small, family-owned businesses.

While “after-the-fact” taxes may seem easy, a lot can go wrong for you and your client.

Rev. Proc. 2021-33 from the IRS lets businesses deduct certain stimulus-related items to determine eligibility for the Employee Retention Credit.

But observers say the industry did relatively well for one of its first efforts at impacting legislation.

A CPA and a corporate communications vet are at the forefront of trying to reinstate the state and local tax deduction.

What are some things your clients need to be aware of when considering transferring a business entity’s charter to a different state?

Although the upper house is moving forward on the infrastructure legislation, agreement on a last batch of amendments was elusive.

Broad oversight for virtual currencies remains a part of the infrastructure bill currently in the Senate.

The booming market for nonfungible tokens is showing no signs of slowing down as investors pour money into digital collectibles, but the tax rules surrounding NFTs are anything but clear.

The board has endorsed a recommendation from its Private Company Council that would align accounting rules with the tax treatment of the awards.

For most businesses, the monthly close is simply too time-consuming.

Among the unresolved issues is how to modify a provision dealing with reporting requirements for cryptocurrency transactions.