Tax

The tax-filing season for individuals just opened recently, but businesses already got a head start on various tax incentives in the One Big Beautiful Bill Act.

Plus, Sage rolls out AI enhancements for reporting, AP, sales; Datarails launches Spend Control solution for contract visibility.

The agency incorrectly labeled some taxpayers as hostages when providing tax relief, or failed to remove a special indicator after their release from captivity.

Tax and software provider Ryan acquired Meritax Advisors, expanding its property tax capabilities.

Proposed regs from IRS finally address the reporting threshold confusion that has plagued tax practitioners since 2021.

Trump suggested he could exert pressure on Attorney General Pam Bondi and Treasury Secretary Scott Bessent, saying there had "never been anything like it."

None of the findings in a new working academic paper will likely surprise financial advisors. But they could provide some helpful data for conversations with investors.

Senators Ron Wyden and Elizabeth Warren want to know if the DOJ plans to defend the IRS against Trump's $10 billion lawsuit over the leak of his tax returns.

The basics of the car loan interest deduction is that it must be a new vehicle assembled in the United States, with the loan being a first lien on the vehicle.

The Internal Revenue Service and the Treasury released proposed regulations on the clean fuel production credit under the One Big Beautiful Bill Act.

A complicated kind of debt deal is ­electrifying the muni market these days: prepaid energy bonds.

The Internal Revenue Service posted a contingency plan Friday indicating that it would be able to operate until Feb. 7, 2026, while keeping all 74,942 employees working. 

The former ambassador forwarded internal emails about tax policy proposals to Jeffrey Epstein while a member of former prime minister Gordon Brown's cabinet.

The draft legislation seeks to introduce a levy of up to 3% on digital platforms that sell advertising, process user data or enable online sales.

Lawmakers are demanding answers about the sharing of taxpayer information with the Department of Homeland Security and Immigration and Customs Enforcement.

President Trump and Senate Democrats reached a tentative deal to avert a disruptive government shutdown as the White House continues to negotiate with Democrats.

The lawsuit by a sitting president against the government he leads puts Trump in a highly unusual position in the case.

The White House Council of Economic Advisers released a research study analyzing the economic impact of state income tax elimination.

The American Institute of CPAs is asking for a contingency plan that keeps 100% of IRS employees on the job in case of a shutdown during tax season.

Taxpayers could face long waits for IRS responses to questions on a slew of complicated new tax changes this filing season.