President Joe Biden’s pick to lead the Treasury Department’s tax policy efforts pledged to work with lawmakers on a bipartisan basis and be a strong advocate for the Internal Revenue Service.

GOP lawmakers reject the White House’s latest counteroffer of $1.7 trillion as too costly and object to corporate tax increases.

The senator is proposing to nearly triple the IRS’s budget to help identify wealthy individuals who are evading taxes.

The Biden administration proposal contains many, but not all, of the tax provisions the president campaigned on.

The service plans to host its tax forums online again this summer starting July 20.

Avalara Content Generation for POS is designed to improve tax compliance and the customer experience.

A sizable chunk of private companies still aren’t ready to implement the new lease accounting standard before the end of the year, despite postponements in the deadline due to the pandemic.

The software automates evidence collection, mapping and crosswalking.

President Biden releases his annual budget on May 27, a move likely to detail his plans to increase the capital gains tax rate and eliminate a lucrative benefit for inherited estates.

Notice 2021-31 explains a new credit from the American Rescue Plan Act.

The court unanimously ruled against the service in a decision enabling taxpayers to sue over a tax regulation, even before any penalty has been assessed.

Knowing where your client’s business stands financially has never been more critical for its financial health than now.

But barterers need to be aware of the complex tax issues that are involved.

The Internal Revenue Service is starting to provide tax refunds to taxpayers who paid taxes on their 2020 unemployment benefits that recent legislation later excluded from taxable income.

There's a lot more to think about than just organizing their financial reports and getting their bills paid.

As businesses invest in cryptocurrency and sell assets like nonfungible tokens, they should be aware of the accounting and tax issues surrounding them.

Congressional Democrats have reintroduced legislation in the House and Senate to shed more light on the use of corporate tax havens and incentives for outsourcing jobs abroad.

Accounting for real estate owners has become more difficult since the pandemic broke out last year as tenants stopped paying rent, rules changed for leases, and unused office space proliferated.

Recent research from University of Kansas business professor Amanda Winn suggests that partner rotation and PCAOB inspections may have some unintended effects.  

The new SEC chair should prevent high-earning audit partners from being beholden to the managers of the clients whose accounts they scrutinize.