Tax

President Donald Trump and his allies are pursuing an alternative strategy to defend against mounting court orders blocking his policies: Raise the financial stakes for those suing the administration.

The bill text will represent a major breakthrough for the GOP as it seeks to continue to advance the centerpiece of Trump's economic agenda.

A controversial provision in Trump's tax bill aimed at penalizing countries with "unfair" tax regimes is unlikely to disrupt U.S. bond and stock markets.

Plus, Ignition announces plans for AI pricing solution; Financial Cents introduces advanced reporting features; and other accounting tech news.

The House version of the massive tax and spending bill would deliver a financial blow to the poorest Americans but be a boon for higher-income households.

By any other name; poor Service; a saga continues; and other highlights of recent tax cases.

The Treasury Department and the IRS are giving brokers additional time to comply with requirements to withhold taxes on digital asset sales.

The Senate confirmed Billy Long, a former Republican congressman from Missouri, as the new IRS commissioner amid staffing and budget cuts at the agency.

The Texas senator pitched Republican senators on ending the Federal Reserve's authority to pay interest to banks, claiming it would save $1.1 trillion over a decade.

The sale of federal land would provide billions of dollars to help pay for the massive package of tax cuts in the Senate's version of the bill.

A $30,000 cap on the state and local tax deduction would be a compromise between current law and the more generous limit in the House's version of the bill.

A recent report from CPA.com says that semi-autonomous AI bots are already completing bookkeeping workflows start to finish, fully automating the process.

The Section 899 "revenge tax" in President Trump's massive tax and spending bill may be delayed as it faces pushback from Wall Street and businesses.

The Senate is considering a plan to save a lucrative tax credit for the production of hydrogen that would be scrapped in the tax mega bill passed by the House.

Rev. Proc. 2025-23 updates the list of 'automatic procedures' for changes in methods of accounting.

Senate Majority Leader John Thune said Republicans in his chamber expect to deliver on President Donald Trump's campaign promises.

Emailing an unprotected return; Sec. 899; IRMMA tactics; and other highlights from our favorite tax bloggers.

House Speaker Mike Johnson said he's pressuring Senate Republicans to refrain from changing a deal to increase the state and local tax deduction cap to $40,000.

Under the initiative, the government would make the one-time contribution into a tax-deferred, low-cost index fund that will track the overall stock market.

A look at what's likely to stay in the Trump administration's tax bill, including pay-fors.