Tax

The Internal Revenue Service and the Treasury Department issued the last set of final regulations to implement the 100 percent additional first-year depreciation deduction from the Tax Cuts and Jobs Act.

State tax revenues in some parts of the U.S. are rebounding as the economy emerges from the coronavirus lockdown, a positive sign for governors and mayors who had been bracing for the biggest fiscal crisis in decades.

Companies that took advantage of federal pandemic-relief efforts like payroll tax deferrals will face bigger bills next year.

New legislation aims to offer even more help.

Prager Metis launches Latin entertainment group; KPM CPAs hires six; and more CPA news.

As state and local tax forecasts continue to paint a very ugly budget picture, there is little reason to doubt that officials are casting about in search of new sources of revenue.

Difficult and complex; $4,000 tax on $2 million; little horse sense; and other highlights of recent tax cases.

The tax hike will fund rebates for about 800,000 middle-class households.

A group of Senate Democrats introduced legislation to offer tax relief to individuals, businesses and states affected by catastrophic wildfires and other presidentially declared disasters.

Rep. Pete Olson, a Republican from Texas, has introduced a bill that would offer tax incentives to employers who train workers about best practices for reducing the spread of COVID-19 in the workplace.