Tax

'It doesn't have to be exactly' 28 percent, the president said, in a signal that a final package could well have a lower rate.

The president's plan for increased tax audits of the wealthy and corporations is a major funding source for his economic-investment proposals.

The Ways and Means Committee approved bipartisan legislation Wednesday to expand automatic enrollment, among other things.

The company's creative ways for accountants and tax pros to relax before the hectic deadline also include guided meditations.

With the tax recognition deadline of Dec. 31, 2026, still in place, taxpayers who wish to invest unrecognized gains in QOZs need to do so prior to Dec. 31, 2021, in order to obtain any step-up in basis benefit.

The fate of the administration’s $4 trillion economic vision now rests with the lawmakers in a narrowly divided Congress.

The Penn Wharton Budget Model says the White House mistook the cost of its child-care and education policies.

Business owners need to think carefully about whether to do a study before or after a rehab.

Possibly more on stretch IRAs; addressing the gap; the SALT cap and progressive taxation; and other highlights from our favorite tax bloggers.

Biden administration proposals could radically reshape how wealthy Americans are taxed.