Tax

The deal that led the House to increase the maximum deduction for state and local taxes to $40,000 is not set in stone in the Senate.

Prospects for an even more dire U.S. fiscal trajectory threaten to stoke concerns about the bill among GOP fiscal hawks.

Senate Republican Leader John Thune has been a vocal critic of the 40% estate tax paid by the wealthiest U.S. individuals when they die.

The Treasury Inspector General for Tax Administration's latest report to Congress includes successes and failures at the IRS.

The Internal Revenue Service's new Data Book shares a host of positive results from last year.

Notice 2025-27 from the IRS offers an optional method for determining an applicable corporation for the corporate alternative minimum tax.

Conquering tariffs; bracing for notices; FBAR penalty timing; and other highlights from our favorite tax bloggers.

One sector that the bill is particularly positive for is real estate, experts say.

The most critical deadline Congress is facing is enactment of additional government borrowing authority before the current authorization limit is reached.

The dome of the U.S. Capitol Building in Washington, D.C., is reflected upside down in a puddle outside of the structure