Tax

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.

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.