Tax

Smith + Howard, an Atlanta-based Top 100 Firm, has opened two new tax practices: site selection + incentives and state and local income tax consulting.

Tax clients are already starting to ask their accountants about the many changes in the massive One Big Beautiful Bill Act passed by Congress last week.

A set of provisions tucked into the law has real estate developers and affordable housing proponents cheering — though some view it as a bittersweet victory.

The Internal Revenue Service plans to shutter its Filing Information Returns Electronic, or FIRE, system.

Executives at America's largest corporations watched Donald Trump sign a massive tax-cut bill without any change in their own companies' tax rates.

Tax solutions provider Avalara released its newest AI offering, Avi for Tax Research, a generative AI-based solution embedded in Avalara Tax Research.

The Internal Revenue Service has given churches and other houses of worship the green light to endorse political candidates.

OBBBA and gambling; a billing lesson from bookkeeping; BOI 2.0; and other highlights from our favorite tax bloggers.

The U.S. Supreme Court let President Trump move ahead with plans to dramatically reduce the size of the federal government.

The IRS is warning tax professionals about a host of new and resurgent fraud schemes.

From bonus depreciation and R&E expensing to the higher standard deduction, the Trump tax bill covers a lot of ground.

Solar and wind projects that already had been pared back by Trump's $3.4 trillion budget bill designed to end green energy incentives.

Asset managers are building products that give investors more control over when — and whether — they owe taxes.

The bill is expected to push almost 12 million Americans off their health insurance, creating long-term financial issues for states and health-care providers.

A loophole for religious schools was removed from the final tax bill, leaving the Indiana-based school to pay a higher levy on its $20 billion endowment.

The Internal Revenue Service has declared 83 pieces of old guidance in the Internal Revenue Bulletin to be obsolete in accordance with Trump executive orders.

The IRS's Criminal Investigation division needs to do a better job of keeping track of the billions of dollars in cryptocurrency, says TIGTA.

The American Institute of CPAs hopes to smooth the Trump administration's move away from paper tax refunds at the Internal Revenue Service.

Business investors and wealthy Americans are among the biggest winners. Those hit the hardest include elite universities, who face new levies, and immigrants.