Tax News

A congressional hearing takes aim at an estate planning strategy that relies on the step-up in basis.

The average direct deposit refund amount has remained steady at more than $3,000 for the past six weeks, after a slow start to the year.

The agency has indicted almost 800 people for COVID fraud, and has a 98.5% conviction rate.

Reporting requirements and asset location could loom large for clients seeking greater yield and diversification without thinking through payments to Uncle Sam.

City officials attribute the trend to the end of a tax-lien sales program that punishes delinquency.

From coast to coast, the cities and states where taxpayers procrastinate the most.

WTF CPAs has used artificial intelligence to get a jump on busy season, just in time for April 1.

Navigating the intricacies of tax filing can be a daunting task for employers, especially if they lack employees with the necessary expertise.

Farming it out; short circuited; California dreamin'; and other highlights of recent tax cases.

The campaign is part of a larger effort by the IRS to increase its scrutiny of high-income taxpayers and large businesses to help close the tax gap.