Tax

Rep. Lloyd Doggett, D-Texas, the ranking Democrat on the House Ways and Means Tax Policy Subcommittee, introduced a “privileged resolution” Tuesday that would require the House to immediately request President Trump’s tax returns and those of his businesses.

The American Institute of CPAs has written a letter to the Internal Revenue Service and the Treasury Department asking them to postpone the effective date of the centralized partnership audit regime for one year until the end of 2018.

The Internal Revenue Service has supplemented its online tax account tool with some new self-service features for taxpayers and their preparers.

Soccer superstar Cristiano Ronaldo has been accused of failing to pay 14.7 million euros ($16.5 million) in taxes.

President Donald Trump won’t veto a tax bill even if it provides the wealthiest Americans with a tax cut, according to Treasury Secretary Steven Mnuchin.

Better communication with clients, more efficient workflow, and cloning themselves top the list of things tax pros want for next year.

The Internal Revenue Service has released a revenue procedure that offers an easier way to get an extension of time to file a return to opt for portability of the deceased spousal unused exclusion amount.

Kate Barton, Americas vice chair of tax services for the Americas Tax practice at Ernst & Young, discusses the contrasting tax reform plans of House Republicans and President Trump, and what’s likely to be in the final bill.

Multinationals are in line for a windfall from President Donald Trump’s call to cut the tax rate on U.S. companies’ stockpiled overseas earnings, but a select few would do better than others.

‘Accounting maneuvers’ have kept the country from hitting the limit already.