Tax

PNC Financial Services Group Inc. received subpoenas from federal prosecutors in Florida over practices related to its purchases of low-income housing tax credits, according to two people familiar with the matter.

Jurors in the Paul Manafort fraud trial heard closing arguments Wednesday summarizing the dramatic testimony over the last two weeks.

The decision has implications for small to midsized businesses that must adapt to remain compliant.

While successful tax professionals find themselves with a surplus of business from January to April, the months of May to December are way too light.

The Internal Revenue Service is continuing to close Taxpayer Assistance Centers around the country, despite recommendations to the contrary from the National Taxpayer Advocate and the Senate Appropriations Committee.

There’s one area where the traditional pension plan is getting new life — as a tax dodge for wealthy business owners.

199A workload; TACs on the decline; dysfunctions; and other highlights from our favorite tax bloggers.

This handful of provisions from the Tax Cuts and Jobs Act are worth immediate attention.

Experts warn the proposals on qualified business income of pass-throughs are complicated, though.

The tax prep giant will cover books, course materials and tuition.