Tax

The group behind a proposed 5% wealth tax in California is pushing for a compromise with Governor Gavin Newsom by pitching a 2% levy instead.

The fund was part of a settlement to resolve President Trump's $10 billion lawsuit seeking to hold the IRS liable for a leak of his tax information.

The Electronic Tax Administration Advisory Committee report calls for sustained IRS funding, human-centered design, fraud prevention and preparer regulation.

Disbarred lawyer; frozen bank accounts; bridal shop scam; and other highlights of recent tax cases.

The Internal Revenue Service and the Treasury Department plan to issue proposed regulations for qualified opportunity zones under the TCJA and the OBBBA.

Here's why every AI-powered tax initiative starts with a document problem — and what to do about it.

La Padula led the firm's workplace solutions business, and will leave the bank after more than two decades to take a senior role at the Internal Revenue Service.

The agency's Detector Dog Unit has 66 handlers, nine of whom are without dogs, and needs to acquire 14 additional canines to meet operational requirements.

The proposal to slash the tax to 4% from 5% can't go before Massachusetts voters in November because of misleading language in the official summary.

Between now and July 6, companies have a narrow time limit to retroactively recover research and development tax deductions from up to the previous three years.