Tax

The former Treasury secretary is concerned about the potential knock-on effects of a proposed levy on the super-wealthy.

Senate Democrats detailed their proposed levy on the ultra-wealthy, a new and logistically risky approach to taxation.

Practices’ problems, by firm size; remote tax obligations for services; hammering the basics; and other highlights from our favorite tax bloggers.

West Virginia didn’t need to change the laws to begin taxing streaming services.

With banks and the Federal Reserve now eyeing more lasting inflation, many financial advisors are adjusting things for their clients.

Some House lawmakers raised doubts about the terms of the deal and whether differences could be resolved in the next few days.

The Senate Republican leader ridiculed a tax plan targeting the unrealized capital gains of the ultra wealthy as a “harebrained scheme.”

President Biden will likely be unable to keep one of his key campaign promises because of unyielding resistance among even some in his own party to raise taxes.

A failure to use tax data may represent a major missed opportunity, however.

The Internal Revenue Service’s Taxpayer Advocate Service helped thousands of taxpayers last year with economic impact payments under the CARES Act, but it took months to start addressing them, often with the wrong cases.