Tax

A controversial provision in Trump's tax bill aimed at penalizing countries with "unfair" tax regimes is unlikely to disrupt U.S. bond and stock markets.

Plus, Ignition announces plans for AI pricing solution; Financial Cents introduces advanced reporting features; and other accounting tech news.

The House version of the massive tax and spending bill would deliver a financial blow to the poorest Americans but be a boon for higher-income households.

By any other name; poor Service; a saga continues; and other highlights of recent tax cases.

The Treasury Department and the IRS are giving brokers additional time to comply with requirements to withhold taxes on digital asset sales.

The Senate confirmed Billy Long, a former Republican congressman from Missouri, as the new IRS commissioner amid staffing and budget cuts at the agency.

The Texas senator pitched Republican senators on ending the Federal Reserve's authority to pay interest to banks, claiming it would save $1.1 trillion over a decade.

The sale of federal land would provide billions of dollars to help pay for the massive package of tax cuts in the Senate's version of the bill.

A $30,000 cap on the state and local tax deduction would be a compromise between current law and the more generous limit in the House's version of the bill.

A recent report from CPA.com says that semi-autonomous AI bots are already completing bookkeeping workflows start to finish, fully automating the process.