Tax

U.S. Treasury Secretary Steven Mnuchin said Monday that President Donald Trump may keep the carried interest tax break for firms that create jobs, while eliminating it for hedge fund managers.

A number of IRS services will be unavailable over the holiday.

The Internal Revenue Service revoked an unidentified hospital’s tax exemption in February for failing to conduct a community health needs assessment, in a sign of possible trouble for other nonprofit health care organizations.

International Federation of Accountants CEO Fayezul Choudhury is bringing the influence of accountants to the fore to help solve problems around the world.

Named Odele, the AI assistant should be able to match individuals and businesses with their most ideal tax scenario.

Treasury Secretary Steven Mnuchin emerged over the weekend as one of the staunchest defenders of Donald Trump in the Cabinet, bringing stability to the administration’s economic policy agenda as it heads into what’s expected to be an unpredictable debt-limit debate.

As summer winds down, everyone across the country is anxiously awaiting a special and rare event this Monday.

This weekend’s outages for IRS e-Services have been postponed.

Phony IDs from far away; renounced citizenship, concealed assets; and other highlights of recent tax cases.

Repatriation wrinkles; PLR pricetags; state and local tax info; and other highlights from our favorite tax bloggers.

As people begin to amass wealth, the clarity and simplicity of their financial lives can quickly diminish.

The Internal Revenue Service could have collected over $1 million from federal contractors who owe back taxes if it included them in a special levy program, according to a new report.

Top Republican tax writers went to a national shrine for tax cutters—former President Ronald Reagan’s California ranch—hoping to make a sales pitch for a historic overhaul of the U.S. tax code.

President Donald Trump once again unloaded on Amazon.com Inc., tweeting that the company is hurting other retailers and implying that it’s killing industry jobs across the U.S.

The Internal Revenue Service has seen a surge in recent years of taxpayers underpaying their estimated taxes and paying the penalty for it.

Senior finance professionals want to lower the corporate tax rate, capital gains taxes, and taxes on foreign income, while instituting a carbon emissions tax, according to a survey by the Institute of Management Accountants.

Atlas Tax Advisors is partnering with accounting firms on providing tax planning and wealth management services for clients.

Members of the Latino Tax Professionals Association now have access to many more resources.

The tax prep chain granted more than $200,000 in similar funds in 2016.

California Society of Tax Consultants members can now get VeriFyle for free.