Tax

With the new injection of funds, Sovos plans to continue its geographic expansion, deepen its partner ecosystem, and respond to emerging tax and regulatory changes around the world.

The U.S. suspended its extradition treaty with Hong Kong and ended reciprocal tax treatment on shipping with the former British colony, the latest salvo in escalating tensions between Washington and Beijing.

House Ways and Means Chair Richard Neal wants the IRS to quit sending balance due notices for now.

The U.S. Chamber of Commerce and other organizations are sounding the alarm about the impact of President Trump’s order.

Working at home and tax breaks; yet more PPP; down under; and other highlights from our favorite tax bloggers.

The Internal Revenue Service and the Treasury plan to send interest payments averaging $18 to approximately 13.9 million taxpayers.

President Donald Trump said he’ll punish American companies that move jobs abroad and reward firms with tax breaks for shifting work from China to the U.S., proposals aimed at hastening the decoupling of the world’s largest economies.

The IRS is warning about the next round of annual expirations.

Delaying tax payments is one thing; forgiving them is another thing entirely.

The service is now letting taxpayers submit Form 1040-X electronically when they want to file an amended tax return through commercial tax software.