Tax

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

Revenue Procedure  2022-9 lays out the procedures for getting automatic consent to a change to the cash method.

For business use and medical purposes, they’re up by at least 2 cents.

In a statement, the president expressed confidence that the measure would eventually pass and urged patience as negotiations continue.

Action on the tax and spending bill has been punted to January.

Families will soon need to reconcile the money they received against what they can officially claim.

What becomes of the brokenhearted; steal thyself; inside job; and other highlights of recent tax cases.

The biggest tax evasion case against an individual in U.S. history could drag on through a wide range of courts and strategies.

Negotiations seem to be faltering between the White House and West Virginia Sen. Joe Manchin.

With Senate tax writers in agreement with the House to ban the favored tax-free strategy, wealth advisors have a narrow window to make moves.