U.S. companies anxiously awaiting guidance on how hard they’ll be hit by a new foreign levy in the tax overhaul will have to stay tuned for at least another two months.

The legislation would permanently extend the individual and small business provisions of the Tax Cuts and Jobs Act that are set to expire in 2025.

The Internal Revenue Service proposed regulations Thursday that would soften the blow of a new levy targeting companies that book income in low-tax countries.

The council's annual report claims growing acceptance of the framework around the world.

The Beverly Hills tax attorney faces significant challenges at the agency.

The Trump administration will let taxpayers claim hardship exemptions directly on their tax returns.

The Internal Revenue Service improved its customer service this past tax season, according to a new report from the Government Accountability Office, despite the challenges of responding to inquiries about the recently passed tax overhaul.

Public companies are taking a cautious approach despite receiving steep corporate tax cuts, according to a new survey of board members by BDO USA.

Some are disputing whether lowering the corporate rate has paid for itself yet.

John Karaffa of ProSport CPA shares the ins and outs of tax planning for professional athletes.

Some hoped that the TCJA would hinder cheating taxpayers; practitioners aren’t so sure.

The legislation aims to make cuts for individuals permanent, but isn’t likely to go far in the Senate.

The turmoil at the electric-car maker reached a fever pitch Friday, as news emerged that two senior executives will leave a matter of hours after the CEO smoked marijuana during an hours-long interview with a comedian.

Senator Bernie Sanders, I-Vt., and Rep. Ro Khanna, D-Calif., teamed up Wednesday to introduce legislation to tax big companies whose wages are so low that their employees are forced to rely on public assistance programs.

The new guidance aims to clarify how to account for a state or local government’s stake in an organization that stays legally separate after it’s acquired.

NCCPAP's Stephen Mankowski offers a tour of the top issues from the TCJA, changes to the 1040, and other major developments in tax.

GOP leaders may drop the effort for further tax legislation, fearing it could backfire by antagonizing voters in some hotly contested Congressional districts.

Tax reform, the cannabis industry and cyberthreats are just three of the dangers that are looming large in malpractice insurers’ nightmares.

President Trump’s recent tweet suggesting the SEC rethink the requirement for public companies to report their results quarterly has ignited a debate about this topic.

The Financial Accounting Standards Board released an accounting standards update Wednesday aimed at decreasing the complexity of accounting for costs of implementing a cloud computing service arrangement.