Tax laws

Commissioner Werfel defended the IRS's budget before Congress after House Republicans passed a bill that would eliminate much of its extra funding.

House members introduced legislation to enable actors, musicians and other types of performers to write off their work-related expenses.

The Internal Revenue Service and the Treasury Department issued a notice offering a safe harbor for the deed language in charitable conservation easements.

Billions of dollars available — through subsidies and tax credits — to promote the production and purchase of electric vehicles.

The majority of the service's extra funding from the Inflation Reduction Act is currently dedicated to improving tax enforcement to collect more revenue.

It's vital to take a personalized approach to each business to understand their circumstances, help determine whether they're eligible for Disaster ERCs, and accurately calculate potential credits.

The administration is preparing to decide how much American-made equipment must be used in renewable projects.

Members of the House Freedom Caucus are demanding an end to student loan forgiveness, the elimination of the $80 billion expansion of the IRS, and more.

The Senate voted to confirm Daniel Werfel as the new Internal Revenue Service commissioner with bipartisan support.

The first quarter of this year finds businesses confronting plenty of tax and business challenges. Grant Thornton's latest tax guide provides some advice.