Tax News

There has been a seismic shift in attitudes toward generative AI among tax and accounting professionals, according to a new report by Thomson Reuters.

New taxes passed in the final days of the state's legislative session shift more of the tax burden to technology companies like Amazon and Microsoft.

To get the capital gains break, the Commerce secretary must invest the proceeds of the sales in Treasury bonds or diversified exchange-traded or mutual funds.

The Treasury secretary touted some of President Trump's campaign proposals, including not taxing tips, Social Security or overtime.

Critics have called for an overhaul of the confusing rules that they argue often leave investors paying taxes in the wake of falling into fraudsters' traps.

Presenting CPE programs is satisfying, helps sharpen your knowledge, is great for networking with colleagues, and sometimes there are unintended consequences.

Federal employee pension benefits are set to be pared back in Republicans' giant tax and spending package working its way through the House.

Republicans aim to pass the tax package through a process that wouldn't require any Democratic votes.

President Trump suggested his sweeping tariffs would help him reduce income taxes for people making less than $200,000 a year.

Accountants can transform renewable energy incentives from the Inflation Reduction Act into a strategic financial opportunity for their clients.