Tax laws

A GAO report has several suggestions for decreasing the difference between taxes owned and taxes paid.

The American Institute of CPAs sent a lengthy to-do list to Capitol Hill with a wide-ranging set of tax proposals large and small.

The West Virginia senator said the administration has "cherry picked" which of the new rules for electric vehicle tax breaks it wants to follow.

Senator Joe Manchin is pushing back against efforts to apply broad interpretations to a tax credit for electric vehicles that he largely wrote.

One of the most anticipated tax extenders was a delay in the Section 174 amortization requirement. With the extenders not passing, many taxpayers are asking, "What now"?

States are trying to make a path toward that revenue stream, but a tax solely on digital advertising was not the way to do it.

The Internal Revenue Service is in the process of revising dozens of tax forms and developing tax regulations to implement the Inflation Reduction Act, according to a new report.

The average effective tax rate of profitable large corporations fell from 16% in 2014 to 9% in 2018 after passage of the Tax Cuts and Jobs Act of 2017.

The House voted to repeal billions of dollars of Internal Revenue Service funding that Democrats approved last year, an issue that is likely to crop up repeatedly this year.

Rep. Jason Smith will lead the powerful House Ways and Means Committee.