Tax

The group proposed $40 billion in Internal Revenue Service funding to yield $103 billion.

Companies and their advisors first need to determine who has the authority to grant such tax benefits.

Top White House aides wrapped up a meeting with a group of senators Tuesday without producing an infrastructure compromise, as differences on how to pay for a proposed $579 billion in new spending for roads, bridges and other projects continue to bedevil the talks.

Stephen Schwarzman said the risk of an increase in U.S. capital gains taxes has led to explosive growth in potential targets for his alternative investment firm.

Senate Budget Committee Chairman Bernie Sanders is proposing to partially revive the federal deduction for state and local taxes in an draft outline of a budget resolution designed to fast-track much of President Joe Biden’s economic agenda.

A new holiday; VAT questions; give parents credit; and other highlights from our favorite tax bloggers.

The Internal Revenue Service opened a portal to enable families to monitor and manage their monthly advance payments of the expanded Child Tax Credit.

Taxing jurisdictions are less anxious about revenue — but they’ll be more focused on sales tax than before.

Top administration aides are set to meet with a group of senators trying to come up with an infrastructure compromise.

A combination of high valuations on companies and potentially higher taxes in the future is proving to be a potent motivator for selling private companies.