Tax

The Internal Revenue Service is planning to increase the enrollment and renewal fees for enrolled agents, as the user fees for examinations are also set to rise.

While the Biden administration’s Build Back Better Act remains stalled in the Senate, lawmakers may be able to advance some parts of the legislation, including tax credits for electric vehicles, solar panels and home energy efficiency that have wide appeal to voters.

The service plans to add improvements and staff to the office in the coming months.

The Internal Revenue Service has released more information on tax credits available for paid sick and family leave under the American Rescue Plan Act of 2021.

One accurate, one false; rotten fruit; security alert; and other highlights of recent tax cases.

The tax and accounting software firm's new TAS Scale program aims to help practitioners transition from a compliance-driven business to an advisory-oriented one.

The task force will gather experts in sanctions and export control enforcement, asset forfeiture, money laundering, tax enforcement, and foreign evidence collection.

His proposal includes partially rolling back the 2017 tax cuts by raising rates on upper-income Americans and corporations.

Accounting firms and their clients are growing worried about upcoming changes in the ability to deduct research and development costs and are asking Congress to do something about it.

The Internal Revenue Service posted a set of answers Wednesday to frequently asked questions on the Earned Income Tax Credit.