Tax

Leaders of the Senate Finance Committee launched a probe into a tax scam that siphons billions of dollars away from the federal government.

Starting May 13, only individuals who already have a SSN or ITIN will be able to request an Employer Identification Number.

Prosecutors recorded a phone call in which William Singer said his charity was being audited and the parents should tell the IRS their contributions were for needy children.

Corporate America brought $664.9 billion of offshore profits back to the U.S. last year, falling short of the $4 trillion President Donald Trump said would return as a result of the 2017 tax overhaul.

The Democratic presidential candidate is joining in calls for higher taxes on the wealthy, an issue that’s taking hold among the contenders for the party’s nomination in 2020.

The Big Three automaker has sold 200,000 electric cars.

IRS fraud-detection; restoring the personal exemption; divorce and taxes; and other highlights from our favorite tax bloggers.

The Internal Revenue Service needs to do a better job of managing its employees in the wake of budget cuts that have forced the IRS to severely reduce tax audits, or else it could be putting its mission at risk, according to a new report from the Government Accountability Office.

The institute also released guidance on auditing prior-period financial statements.

Bipartisan legislation would make a technical correction in the Tax Cuts and Jobs Act that has kept many stores and restaurants from renovating their facilities.