Tax News

The IRS is pushing back filing and payment deadlines for individuals and businesses in the state affected by severe storms, flooding and landslides.

The multitrillion-dollar tax law signed last month hikes the tax on income from endowments for some of the wealthiest private schools.

Plus, Lili introduces credit program; Mastercard announces Commercial Direct Payments solution; and other accounting tech news.

The American College of Financial Services and RISR are collaborating as a BNY Wealth report showcased the planning complexities of owner succession deals.

Mysterious ways; penalty kick; please, Mr. Postman; and other highlights of recent tax cases.

The top Democrat on the Senate Finance Committee wants information about whether the IRS has done any audits or investigations of Epstein's tax planning work.

As the nature and frequency of tax reporting changes, organizations are being promised long-term simplification, but are facing an immediate spike in complexity.

The American Institute of CPAs supports a bill to allow survivors of domestic abuse or spousal abandonment to file their taxes as if they weren't married.

The One Big Beautiful Bill Act presents some complexities for wealthy families, alongside its extension and expansion of provisions in the Tax Cuts and Jobs Act.