The sharing economy might have to start paying more taxes to the IRS.

The Senate bill reduces the deficit by $420 billion, the CBO said, compared with the $321 billion in deficit reduction in an earlier version, giving Republican leaders additional money they can use to court holdout votes. Much of the increased funding comes from a decision to no longer cut taxes on the wealthy.

A group of 16 House Democrats has sent a letter to the Financial Accounting Standards Board asking it to require multinational companies to disclose more country-by-country reporting information in their public financial statements about where they pay taxes and book profits.

The Top 100 Firm is combining with a consultancy in Portland, Maine.

The president may fall short of a single major legislative accomplishment in 2017.

Senate Majority Leader Mitch McConnell’s new proposal to simply repeal Obamacare appears to be dead less than 24 hours after he dropped his replacement plan for lack of support among fellow Republicans.

The American Institute of CPAs sent a set of tax reform recommendations to Senate Finance Committee chairman Orrin Hatch, R-Utah, as the committee held back-to-back hearings Tuesday morning on tax reform and confirmation of an Assistant Secretary of the Treasury who will be in charge of tax policy and came from a firm that promoted controversial tax shelters.

ID theft keeps on rolling; will Trump prune the IRC?; the accountant of 2022; and other highlights from our favorite tax bloggers.

The Republican effort to repeal and replace Obamacare appears dead in the water -- but some experts are suggesting that this may not be the end.

15 regs, court cases, revenue procedures and other tax-related news practitioners should take note of.

The Internal Revenue Service’s policies don’t comply with some of the federal government’s requirements that agencies must ensure all records are retrievable and usable for as long as needed, according to a new report.

A group of Democrats led by Sen. Elizabeth Warren, D-Mass., and House Ways and Means Committee ranking member Richard Neal, D-Mass., has introduced legislation to allow same-sex couples who were previously barred from filing taxes jointly to now submit amended returns dating back to the year of their marriage.

The latest draft would leave intact Obamacare tax increases on the wealthy.

A bipartisan group of lawmakers has introduced legislation to provide taxpayers more rights to have their cases heard by the Internal Revenue Service’s Office of Appeals.

Extensible Business Reporting Language is starting to become more widely used, thanks to the SEC’s rules requiring the use of XBRL in financial filings in recent years and a new rule requiring XBRL for foreign issuers.

Senate Republicans dropped efforts to eliminate three Obamacare taxes on the wealthy in their latest health-care bill—but the party may revive that push in a tax-overhaul plan later this year.

The latest iteration of the Republican effort to repeal and replace the Affordable Care Act includes provisions designed to win over both conservative and centrist GOP members of the Senate.

Senate Republican leaders' new plan wouldn't eliminate the Net Investment Income Tax and the Additional Medicare Tax.

Discarding tax cuts gives the Senate leader $230 billion to hand out in sweeteners.

We favor Americans adopting American children from foster care when feasible, but current U.S. tax law benefits domestic and foreign adoptions.