Tax

The IRS is pushing back filing and payment deadlines for individuals and businesses in the state affected by severe storms, flooding and landslides.

The multitrillion-dollar tax law signed last month hikes the tax on income from endowments for some of the wealthiest private schools.

Plus, Lili introduces credit program; Mastercard announces Commercial Direct Payments solution; and other accounting tech news.

The American College of Financial Services and RISR are collaborating as a BNY Wealth report showcased the planning complexities of owner succession deals.

Mysterious ways; penalty kick; please, Mr. Postman; and other highlights of recent tax cases.

The top Democrat on the Senate Finance Committee wants information about whether the IRS has done any audits or investigations of Epstein's tax planning work.

As the nature and frequency of tax reporting changes, organizations are being promised long-term simplification, but are facing an immediate spike in complexity.

The American Institute of CPAs supports a bill to allow survivors of domestic abuse or spousal abandonment to file their taxes as if they weren't married.

The One Big Beautiful Bill Act presents some complexities for wealthy families, alongside its extension and expansion of provisions in the Tax Cuts and Jobs Act.

The IRS's Notice 2025-28 will affect applicable corporations with financial statement income attributable to investments in partnerships.

The well-oiled firm; refundable credits in states; taxing settlement money; and other highlights from our favorite tax bloggers.

The IRS has been mailing out letters to federal workers saying they are among 525,000 current and former employees who owe back taxes.

A so-called corporate head tax is "on the table" as officials look for funds to help close back-to-back yearly shortfalls topping $1 billion.

The legislation involves a 'thoughtful phaseout,' while leaving some investment opportunities, says one expert.

Trump urged Keir Starmer to extract more oil from the North Sea and criticized U.K. taxes on fossil fuels in his latest attack on the prime minister's policies.

The Internal Revenue Service is looking to cut the case cycle times for corporate taxpayers.

Douglas O'Donnell, former acting commissioner of the Internal Revenue Service, has joined KPMG US in its Washington national tax practice.

Billy Long explained his plans for the Internal Revenue Service and the new tax bill during his first public talk as IRS commissioner.

President Donald Trump said he is considering sending rebate checks to Americans using revenue from tariff increases his administration is imposing on U.S. trading partners.