Tax

President Donald Trump’s new tax law set off a false alarm for homeowners planning to borrow against their houses.

The Treasury Department issued a strongly worded statement in response to a report from the Organization for Economic Cooperation and Development.

Taxpayers who were wrongly imprisoned will have more of an opportunity to take advantage of a tax break that Congress recently approved.

As an accounting professional in the midst of tax season, you probably feel locked into never-ending workdays with the constant pressure of meeting deadlines.

Through this partnership, Everlance is available for use by tax professionals that use TaxAct's suite of TaxAct Professional products.

The Internal Revenue Service is cautioning tax professionals to safeguard their information from identity thieves.

The Internal Revenue Service said Friday it’s ready to process tax year 2017 returns claiming four additional tax benefits recently renewed retroactively into law, including tax breaks related to energy conservation and production.

Republicans are looking to act a lot faster than originally expected to keep the new individual tax breaks from expiring in 2025.

Scheming from coffee shops; disbarred and behind bars; AOTC on 3,000 returns; and other highlights of recent tax cases.

A new report from Sen. Ron Wyden, D-Ore., the ranking Democrat on the Senate Finance Committee, discusses how small businesses will face more uncertainty and complexity from the Republican tax law and will ultimately need help from their accountants to figure out the pass-through deduction.