Tax

The president and Republican congressional leaders see a narrow opening for compromise on infrastructure spending yet significant obstacles remain, particularly on tax increases.

The Internal Revenue Service has picked TaxBit, a Salt Lake City-based company, as a subcontractor to help it do data analysis and tax calculations for audits of taxpayers with cryptocurrency.

Three Democratic senators introduced legislation that would stop the tax breaks used by private equity money managers and others.

Ohio and Missouri judges deny injunctions because those states haven’t yet suffered any harm.

In the world of accounting, economic credits and incentives have been shrouded in mystery for some time.

Lawmakers are considering giving the IRS additional funding and authority to expand its tax enforcement operation.

European regulators failed to show that the U.S. online retailer was given special treatment by Luxembourg’s tax authority in violation of state-aid rules.

Financial executives are eyeing tax changes expected in the Biden administration, demands for more environmental, social and governance reporting, and diversity efforts.

Congressional Democrats have reintroduced legislation in the House and Senate to shed more light on the use of corporate tax havens and incentives for outsourcing jobs abroad.

What they think of you; mistaken death and taxes; small-biz bounce back; and other highlights from our favorite tax bloggers.