Tax

The American Institute of CPAs has sent a set of proposed guidelines to the Internal Revenue Service recommending how the IRS should deal with the allocation of unrelated business income expenses of tax-exempt organizations for dual-use facilities and personnel.

Debate over a border-adjustment tax is consuming Washington, but another, less-discussed proposal in House Speaker Paul Ryan’s tax plan stands a better chance of being included in a GOP overhaul bill.

The Oracle of Omaha cast doubt on a controversial centerpiece of House Speaker Paul Ryan’s tax overhaul, saying the measure would lead to higher prices for consumers and likely be scaled back because it’s too politically contentious.

H&R Block is out to wrest back market share from its online tax-prep rivals with such aggressive measures as free services and interest-free advances on refunds—oh, and plunking a supercomputing Jeopardy star down on the desks of its 70,000 tax preparers.

Public information from approved applications for tax exemption is available electronically for the first time.

Taxpayers with income from farming or fishing have until Wednesday to file their 2016 Form 1040 and pay the tax due.

Republican lawmakers expect their ACA replacement will result in decrease in insured Americans, despite growing support for the program.

A heavily shorted exchange-traded fund is soaring amid a report that the White House is not on board with the plan preferred by House Republicans.

Fraudster faces charges for soliciting taxpayer info for false returns, plus other highlights of other recent cases.

The startup makes mobile tax preparation technology.