Tax

Estate tax collections in 2021 hit their highest levels since former President Donald Trump's tax cuts took hold, a stark trend reversal that experts attribute to one-off pandemic factors.

U.S. Supreme Court justices questioned the legality of stiff penalties the federal government says it can impose on people who fail to file required reports listing their foreign bank accounts.

The clock is running out on the administration's efforts to tame fuel prices ahead of midterm elections.

Jurors in the Trump Organization's criminal tax fraud trial saw how longtime CFO Allen Weisselberg collected a host of perks, including a rent-free apartment.

John Roberts issued an interim order that gives the U.S. Supreme Court more time to consider the former president's bid for a lengthier delay.

TaxAct will belong to an affiliate of Cinven, a U.K.-based private equity fund.

Direct Pay problem; fees, cautions for those starting out; new blog on the block; and other highlights from our favorite tax bloggers.

By keeping an eye on the future and potential new tax developments, tax advisors can offer their clients a sense of stability and proactive tax planning.

U.S. gasoline prices are still high a week ahead of midterm elections.

The emergency application to the justices comes after Trump repeatedly lost in the lower courts trying to stop the IRS from fulfilling a request from the House Ways and Means Committee.