Tax

Tax professionals need to be ready when clients have questions.

Oilmen, wildcatters and particularly refiners are reaping billions in gains from President Donald Trump’s tax overhaul, helping boost the staying power of old-style energy even as the world searches for cleaner fuels.

Now filling a cell; no EFIN, no problem; cleaning up but not filing; and other highlights of recent tax cases.

With the new tax law now a reality, the upcoming tax season is the perfect time to showcase your value as a true trusted advisor to your clients.

The Justice Department said Thursday it has entered into a settlement with Z Street, a nonprofit that educates the public about Israel and Middle East issues, after the group sued the Internal Revenue Service for holding up its application for tax-exempt status and subjecting it to extra scrutiny.

The Internal Revenue Service’s efforts last year to safeguard against identity theft by asking employers to file W-2 forms earlier and holding tax refunds longer if taxpayers claimed the Earned Income Tax Credit or the Additional Child Tax Credit did not always work, according to a new report.

President Donald Trump will promote the economic benefits of Republican tax cuts and ask the Senate to pass his proposed immigration overhaul at the congressional GOP retreat Thursday, amplifying themes from his State of the Union address.

Hostess Brands Inc., feeling flush after last month’s tax overhaul, will offer bonuses to workers—including free snacks.

Every company seeks effective ways to reduce their overall tax liabilities.

The widow of a country music producer who continued to operate, at a loss, an establishment to encourage songwriters was not able to deduct her losses in excess of her income from the activity.