Tax

After nearly a century of trying, Washington state Democrats could finally pass an income tax — a move that would hit 30,000 or so top earners.

In practice, depreciation does not eliminate tax cost over time. It merely redistributes it.

The "sticker shock" of tax rates and IRS reporting rules may place the recent record highs and falls in a different context for investors, one expert says.

The Internal Revenue Service improperly disclosed confidential taxpayer information on immigrants to the Department of Homeland Security.

The Senate blocked a resolution that would have disapproved of recent guidance from the Treasury Department weakening the corporate alternative minimum tax.

The Internal Revenue Service made only limited progress in scanning a tiny fraction of paper-filed returns last tax season, according to a new report.

The Internal Revenue Service has awarded a contract to PSI Services to develop and administer the examination for Enrolled Agents to earn their tax credential.

The Internal Revenue Service has now closed nearly all outstanding claims for the employee retention credit aside from 41,000 claims still under exam or appeal.

Make sure clients know what the government's share is, before taking gains. Don't overlook opportunity zones.

The Internal Revenue Service is adding capabilities to the online Tax Pro Account, allowing firms to specify which staff members are authorized with CAF access.