Tax

Banks were among the top beneficiaries when Republicans slashed corporate taxes in December to stoke the U.S. economy. So how are the nation’s largest financial institutions treating employees, customers and investors?

The Tax Cuts and Jobs Act expanded eligibility for the method.

Paul Manafort’s former right-hand man, Rick Gates, broke his silence Monday and offered dramatic inside testimony about how wealthy Ukrainian businessmen used offshore accounts and shell companies to pay his boss millions of dollars for political consulting work.

The private debt collection agencies that have contracted with the Internal Revenue Service to help collect overdue tax receivables have some security vulnerabilities, according to a new government report.

The Internal Revenue Service doesn’t have a coordinated strategy in place to deal with unregulated tax preparers, according to a government report.

Special Counsel Robert Mueller’s prosecutors walked the jury in the trial of Paul Manafort through records to back their claim that the former Trump campaign chairman deceived his own financial advisers to hide his foreign accounts and income from U.S. tax authorities.

The American Institute of CPAs said it supports new legislation that would regulate tax return preparers.

The Treasury Department and the Internal Revenue Service proposed regulations Friday to increase and expand the first-year depreciation deduction for qualified property from 50 to 100 percent, carrying out a provision of the Tax Cuts and Jobs Act.

U.S. prosecutors shifted away from showcasing Paul Manafort’s excesses and toward the core of their fraud accusations against him, offering evidence that he was deeply in debt as he submitted crudely altered financial statements to secure bank loans.

Parsing the ramifications of the Supreme Court decision