Tax

Tax pros weigh the pros and cons of different levels of filing this year.

Tax reform and other issues have created a flood of unwelcome prospects.

The Internal Revenue Service is having trouble dealing with the information it’s getting from foreign banks about U.S. taxpayer assets under the Foreign Account Tax Compliance Act because of problems with the data and various mismatches, according to a new government report.

We can offer clients a huge value and also generate some additional revenue for ourselves.

New York lawmakers approved a budget that allows for tolls on cars entering midtown Manhattan, increases sales taxes on multimillion-dollar city homes and ushers in a statewide ban on single-use plastic bags.

Based on cryptocurrency tax guidelines specified by IRS, anyone making cryptocurrency profits has to pay taxes.

The Tax Court has ruled that a whistleblower may challenge an IRS award decision when the whistleblower provides new information in a later supplemental form.

A pair of congressional representatives has introduced bipartisan legislation to discourage abuses of the conservation easement tax break.

The service names its annual ‘worst of the worst’ tax scams.

The Internal Revenue Service issued guidance Friday on how to deal with state and local tax refunds in the context of the $10,000 limit on state and local tax deductions under the Tax Cuts and Jobs Act.