Tax

President Trump's move to extract a 15% sales tax from Nvidia on semiconductors sold in China did nothing to damp investor enthusiasm for the world's most valuable company.

A new study predicts the One Big Beautiful Bill Act will reduce federal taxes on average for individual taxpayers in every state, but the impact will differ.

The Internal Revenue Service's Criminal Investigation unit is working on a new initiative for requesting financial records from banks to track illegal activity such as money laundering.

President Trump's signature tax and spending bill is expected by most economists — and the Congressional Budget Office — to worsen U.S. deficits over the coming decade.

Sovos announced plans to expand into the Asia-Pacific and Middle East regions, starting with the acquisition of India-based Tax Technology ASP business unit from India-based IRIS Business Services.

Forms 2290 are due on the last month of the month a truck or applicable vehicle was put in service, according to the IRS.

Ninety percent of tax leaders say they are invited to weigh in on business decisions before they are made, and that their recommendations carry significant weight, according to a BDO survey.

States' adoption of OBBBA; replacing cigarette and property taxes; dirty water; and other highlights from our favorite tax bloggers.

The Internal Revenue Service has overhauled its technology modernization plans in response to reductions in funding and staffing under the Trump administration.

It's time to start talking to clients about changes to the Tax Cuts and Jobs Act and much, much more.