Tax

That guidance basically asks employers to use their best efforts to provide documentation; no penalties will be imposed on those who were unable to document qualified tips and overtime.

Republicans already hit hospital finances in their massive tax and spending package this summer that included cuts to Medicaid.

Brazilian President Luiz Inacio Lula da Silva wants his U.S. counterpart to arrest the Florida resident accused of being the South American country's biggest tax debtor.

The "Cum-Cum" tax scandal has embroiled some of the biggest banks in the country.

The agency is also looking for feedback on the guidance by next March.

Extension battle goes on; flipping out; correcting clients' misinformation; and other highlights from our favorite tax bloggers.

Morningstar's study of this growing area of asset management suggests that 529 plan quality is rising, despite the research firm's lackluster grades for it.

The American Institute of CPAs advised the Treasury and the IRS to simplify the tax reporting requirements for partnerships and S corporations — or passthrough entities.

Lengthy utility permitting times could imperil customers' tax credits if their systems aren't in place by Dec. 31.

A group backed by financier Michael Sacks has started funding ads against Chicago's plan to bring back a tax on large corporate payrolls.