Tax research

Roughly 2.3 million U.S. taxpayers told the Internal Revenue Service they traded cryptocurrencies in 2020, data from the agency show.

The highest inflation rate in decades is likely to produce major increases on some tax items, according to predictions from Bloomberg Tax.

Specialized tax services can be a great way to enhance revenue and cement your relationship as the client’s trusted advisor.

The service is taking steps to increase its audit rates of higher-income taxpayers after coming under sharp criticism in Congress over its lagging audit numbers.

The service is being asked to provide more information about the race, ethnicity and sex of taxpayers but is facing legal restrictions, according to a new report.

CEOs who prefer risky sports hobbies are more likely to take a risky approach to their company’s tax planning, according to a new study published by the American Accounting Association.

The Internal Revenue Service has been increasing its tax audits of the lowest-income wage earners to keep its overall audit numbers from declining, according to a new report.

The following steps will guide you in establishing an all-inclusive tax research effort on behalf of your entire client base while ascertaining the likelihood of success.

John Wiley & Sons has updated its annual J.K. Lasser series of tax guides with information for preparing tax returns this year.

The amount of civil tax lawsuits filed by the Internal Revenue Service in federal court this year is only half the number of a decade ago, but has held steady since last year.

Declines in income and boosts to government subsidies wiped away tax liabilities.

Most states have managed to get through the COVID-19 pandemic without increasing taxes, despite predictions last year, according to a new report.

Roughly 4 million or more households are likely to fail to get the funds because they don’t appear on a prior tax return.

Contrary to the dire predictions at the time, the massive overhaul of the nation’s Tax Code during Donald Trump’s presidency had a negligible initial impact on the nation’s domestic migration patterns, new data from the Internal Revenue Service show.

A conservative think tank is throwing its support behind proposals long associated with progressives like Elizabeth Warren and Bernie Sanders: taxing stock trades and breaking up Wall Street investment banks.

More than 20 percent of the wealthiest Americans’ income isn’t being reported to the Internal Revenue Service, according to a new study that calculates U.S. tax evasion is far higher than previously estimated.

Fewer than two out of every 100 taxpayers reporting over $1 million in income were audited by the Internal Revenue Service in fiscal year 2020, according to a new report.

Public debates over immigration reform often suffer from scarce and erroneous information about the tax contributions of undocumented immigrants, particularly at the state level.

The combined average sales tax rate across the country grew to levels not seen in a decade last year, enabling states to collect more tax revenue from online sales.

The year ahead will be full of tax uncertainties in the U.S. and internationally, ranging from digital taxes and carbon taxes to possible tax hikes under the Biden administration.