Tax

Senator Mitt Romney is offering a child tax credit expansion plan similar to a proposal President Joe Biden is pushing to include in the next stimulus bill, offering a glimpse of areas on which Republicans and Democrats could find compromise in a bipartisan package.

Democrats’ go-it-alone stimulus plan faces night of GOP sniping

Five international tax enforcement heads, including from the Internal Revenue Service’s Criminal Investigation unit, have been meeting this week to discuss their joint initiatives for combating tax evasion.

The Treasury Department says it needs more time to decide whether to fight House Democrats in their effort to get former President Donald Trump’s personal and business tax returns.

Tax professionals rate which of the president’s proposals they expect to see him pursue.

U.S. prosecutors and Internal Revenue Service agents spent four years piercing the veil of secrecy that billionaire money manager Robert F. Smith wove to hide more than $200 million in income.

Senator Elizabeth Warren will join the Finance Committee, an A-list Senate panel that oversees tax, trade and health care legislation, according to a person familiar with the assignment.

Democrats are pushing a tax cut that would benefit individuals who lost their jobs in 2020 and may be in for a surprise tax bill this spring.

Fun and Gamestop; SECURE and taxable inheritances; over-communication; and other highlights from our favorite tax bloggers.

President Joe Biden and congressional Democrats signaled they’re intent on a large pandemic relief bill.