Tax

The music superstar and Kansas City Chiefs football player together would have a vast fortune and are likely to need expert tax and financial planning advice.

More than half of tax practitioners use AI for research, but don't count out the classic search engine, which remains an essential tool for many.

Democratic demands include extending expiring Obamacare premium tax credits and reversing cuts to Medicaid made in Trump's signature tax law.

Substantial presence; not in the floor but in ourselves; confusion and complexity; and other highlights from our favorite tax bloggers.

Taxpayers who believed cryptocurrency offered privacy now face an environment where the IRS can access their data.

The Internal Revenue Service and the Treasury issued final regulations on the new Roth catch-up contribution rule from the SECURE 2.0 Act.

New York State's revenue could feel the impact of the One Big Beautiful Bill Act unless it makes changes in its tax laws.

The numbers look gaudy, but potential estate taxes and prohibitions on future strategies make the big retirement accounts much less appealing, two experts said.

The Internal Revenue Service has posted a draft version of Schedule 1-A that will be used next tax season when claiming new tax breaks.

The Internal Revenue Service, the Treasury and other parts of the government plan to phase out the use of paper checks for payments by the end of this month.

Trump has long argued that digital services taxes are discriminatory against the likes of Amazon.com Inc. and Meta Platforms Inc.

License to steal; roll the Tape; Kings and Queens and cons; and other highlights of recent tax cases.

A limited federal tax credit, an above-the-line deduction for non-itemizers and restrictions on those of itemizers represent three of the biggest shifts under the new law.

Bloomberg Tax & Accounting released its annual report projecting U.S. tax rate brackets, standard deduction and AMT exemption amounts for the year ahead.

The legislation currently moving through Congress could have dire tax implications for CPA firms that use global outsourcing.

Reducing K-1 penalties; another use for property taxes; 183 isn't always added up the same; and other highlights from our favorite tax bloggers.

A group of mostly Democratic lawmakers sent a letter to Treasury Secretary Scott Bessent criticizing recent moves to ease the corporate alternative minimum tax for large corporations in two recent notices.

Katherine Green, a dominatrix who creates online adult videos, wasn't expecting a windfall from President Donald Trump's signature push to make tips tax-free.

A significant proportion of people are following financial advice given to them by AI models, and many reported losing $100 or more.