Tax

Stolen ID scams; an embezzler sentenced; and other highlights of recent tax cases.

A months-long effort by Senate Republicans to pass health legislation collapsed early Friday after GOP Senator John McCain joined two of his colleagues to block a stripped-down Obamacare repeal bill.

White House chief strategist Steve Bannon’s plan to raise the top income-tax rate for America’s highest earners could find some support among congressional Republicans as part of a populist message to sell a broader tax overhaul, according to one conservative lawmaker who has heard the proposal.

Republican leaders conceded on Thursday that the border-adjusted tax doesn’t have the support to continue to be part of negotiations to overhaul the tax code.

The Internal Revenue Service has been doing a better job of processing and reviewing claims for Small Business Health Care Tax Credits, according to a new report, though the number of small businesses claiming the Obamacare credit has declined precipitously.

The Internal Revenue Service rehired more than 200 employees with previous conduct and performance issues, according to a new government report.

Senate Republicans might eliminate just a few pieces of the landmark health-care law.

Congressional leaders and Trump administration officials have been meeting in secret to try to reach a united front for rewriting the U.S. tax code.