Tax

The service has been under pressure from Congress and accounting groups to perform better as another hectic tax season comes to a close.

The last week of the “official” tax season is starting right now. Here are some things I did to lighten the mental load.

A federal judge blocked recovery of any pandemic relief funds from Texas, Louisiana or Mississippi if those states use the aid to offset state tax revenue shortfalls.

Businesses that have been investing in cryptocurrency are dealing with uncertainty as government agencies are going to expect them to account for their holdings and pay taxes.

April and Column Tax are among the startups capitalizing on the idea that taxes are part of a person’s financial life and banks are most suited to help with tax preparation and filing.

Gov. Kathy Hochul and legislative leaders struck a budget deal that promises a little less pain at the pump, help for working parents, and new tax breaks.

BKD launches accounting advisory services line; Illinois CPA Society appoints 2022-23 board of directors; and more CPA news.

Treasury Secretary Yellen is counting on the support of corporate America for the deal to win passage in Congress — a crucial step for its worldwide success.

Three-alarm fraud; trust no one; first, best and guilty; and other highlights of recent tax cases.

Why the service has not exhausted the full arsenal of tools, resources and relief at its disposal is confounding.