Tax

The ability to deduct the full value of the stock and avoid capital gains taxes is lesser-known by rich investors and many advisors.

A survey from Intuit Accountants indicates that tax-related planning and advisory services bring in much more than compliance services.

The IRS is now offering later deadlines to more areas hit by storms, tornadoes and flooding.

The Build Back Better bill looks likely to only be considered in January 2022, and that likely in less radical form.

Advocates say they'll continue pushing for the write-off, but it is not widely popular.

'Planning has been put on hold, because no one knows what the rules of the game are,' says one accounting firm partner.

Failure could imperil the backbone of the party’s messaging for the midterm elections.

Kate Barton of EY, discusses tax-related trends highlighted by the recent COP 26 gathering.

New reporting requirements and possible amortization are on the way.

An IT audit finds progress on many fronts, but COVID proved that modernization remains a must for the agency.