Tax News

Reality bites; can buy you love; community mistrust; and other highlights of recent tax cases.

Senate and House Democrats proposed a bill to ensure billionaires pay a "fair share" of taxes, without actually raising their tax rate under current law, while Republicans advanced legislation pertaining to the IRS and the U.S. Tax Court.

Tax management platform Instead is planning to offer completely free tax return preparation and filing for Forms 1040, 1041, 1120, 1120-S and 1065.

The One Big Beautiful Bill Act contains several provisions that could affect the future of nonprofit organizations.

The music superstar and Kansas City Chiefs football player together would have a vast fortune and are likely to need expert tax and financial planning advice.

More than half of tax practitioners use AI for research, but don't count out the classic search engine, which remains an essential tool for many.

Democratic demands include extending expiring Obamacare premium tax credits and reversing cuts to Medicaid made in Trump's signature tax law.

Substantial presence; not in the floor but in ourselves; confusion and complexity; and other highlights from our favorite tax bloggers.

Taxpayers who believed cryptocurrency offered privacy now face an environment where the IRS can access their data.