Tax

The IRS has created a new Office of Conservation Easements and plans to change the process for settling disputed claims for the lucrative tax breaks.

The Internal Revenue Service has updated the questions and answers in its fact sheet on the new overtime deduction under the One Big Beautiful Bill Act, now known as the Working Families Tax Cuts.

Proposed regulations would prohibit undocumented immigrants from receiving much of the money from refundable tax credits such as the EITC, CTC and AOTC.

As we prepare for a future where successful tax professionals experiment and adapt as AI evolves, here are the strongest benefits the industry is seeing.

The Trump administration delayed 50% tariffs on billions of dollars of Canadian products for three days, saying the two sides had reached a tentative agreement.

With recent changes to tax law, non-grantor trusts have become attractive vehicles for gaining tax efficiencies, such as when making charitable contributions.

While only about 19% of small businesses offered a retirement plan in 2019, 31% now offer them in 2026.

Below the fold; AI hyperscalers; politically biased; and other highlights from our favorite tax bloggers.

The Democratic lawmaker proposed that the government should lend money to billionaires with large paper fortunes to help them pay wealth taxes.