Tax

India took a step closer to adopting cryptocurrencies after years of wavering on its stance, as the country seeks to keep up with the global move toward digital assets.

Here are four core moves that advisors are considering right now for clients as they gear up to file their federal tax returns.

From PTE tax regimes and telework, to changes in the tax mandate, these 10 developments were critical.

The service issued a set of frequently asked questions Monday for filing season, with new material added on the expanded Child Tax Credit.

A group representing managers at the service is pushing back against demands to stop sending automated tax notices to taxpayers.

Tax professionals feel a strong sense of purpose and a positive impact on their communities in helping clients deal with their taxes, according to a new survey.

There are 128 tax season, practice management and personal tips checklists, and a Getting Your Affairs in Order Tool Kit with 25 added checklists.

The House speaker cast doubt on a drive by progressive Democrats to get some version of President Biden’s agenda through Congress by March 1.

The department is reconsidering the IRS’s reliance on facial recognition software ID.me for access to its website.

The dervice is urging people to use the information in their online taxpayer accounts for the most up-to-date figures on the amount of the advance CTC.