Tax planning

The new Internal Revenue Service commissioner, Danny Werfel, got right to work Monday only days after being confirmed by the Senate.

The Treasury Secretary defended the extra investment in the IRS, arguing it is already paying off and that taxpayers are getting "drastically improved customer service this year."

President Joe Biden is proposing a series of tax increases on investors and top-earning Americans in his annual budget request to Congress.

The department detailed the tax provisions in the Biden administration's newly released budget plans for fiscal year 2024 on Thursday.

The White House plans to target a series of high-profile tax breaks worth tens of billions of dollars for wealthy investors and corporations.

The president is proposing a series of tax increases on billionaires, rich investors and corporations.

His plan has little chance of becoming law, but the proposal is an important signpost for negotiations over government spending.

Contributions to 401(k)s and IRAs now can reduce your 2022 taxes soon due this filing season. Here's what advisors, many of whom can themselves benefit, need to know.

The first quarter of this year finds businesses confronting plenty of tax and business challenges. Grant Thornton's latest tax guide provides some advice.

Affluent investors typically have more complicated financial lives and more ways to get things wrong when filing federal tax returns in 2023.