Tax

The Internal Revenue Service has revised and updated the answers it previously provided to frequently asked questions on the 2021 Child Tax Credit and Advance Child Tax Credit.

The state had an average annual net out-migration of 28,700 part-year residents, or 0.3% of taxpayers, between 2015 and 2019.

Corporate tax rates in major economies around the world have fallen to an average of just 25.1% this year, according to a study from UHY.

The consulting firm launched REV by Leyton, a digital platform aimed at helping companies find R&D and employee retention credits.

As inflation and interest rates spiral upward, the service is increasing its interest rates for the third quarter of the year.

Thomson Reuters launched a new tool made specifically for those subject to the Chemicals Superfund Excise Tax and Hazardous Substances Tax.

A busy year; must love scams; state of emergency; and other highlights of recent tax cases.

Over one-fourth of the nearly 1,700 cases were violations that usually led to employees being suspended, fired or resigning.

A pair of congressional Democrats want to see a rule finalized that would open up greater access for families to claim premium tax credits for health insurance.

While it still wasn’t good, a study by the NATP found that some tax preparers’ worst fears didn’t materialize.