Tax

The House voted Friday to decriminalize marijuana, expunge federal convictions on pot-related charges and impose taxes on cannabis producers and importers.

The unemployment rate fell two-tenths of a point to 3.6%, the U.S. Bureau of Labor Statistics reported Friday, and two previous months' job gains were revised upward.

There’s nothing more valuable for successful people than saving time and having complex things simplified.

Manchin doomed two pieces of the plan — ending a tax break for fossil fuels and taxing unrealized capital gains — just hours after Biden announced them.

Here is a peek into what can be expected in the near future.

Twenty and out; stop snapping; agent for change; and other highlights of recent tax cases.

A district court has vacated IRS Notice 2016-66, which designated micro-captive insurance arrangements as “transactions of interest,” and thus reportable.

Backlogs at the IRS and bearing bad news can be challenging, but it’s no more than preparers expected.

The service has been auditing the poorest wage earners more than higher-earning taxpayers, according to an updated report.

The NTA issued a directive calling on the service to implement scanning technology as a way to reduce the backlog of unprocessed tax returns by 2023.