Tax

The revenue procedure gives teams a safe harbor when doing trades of their athletes, staff contracts or draft picks.

The National Treasury Employees Union is worried about the impact of proposed budget cuts on the agency’s ability to deal with taxpayers.

Hedge fund giant Renaissance Technologies is in talks to resolve a dispute with the Internal Revenue Service over a tax maneuver that saved its owners billions of dollars.

The Democratic presidential candidate rolled out a proposal to levy a 7 percent tax to raise an estimated $1 trillion from the wealthiest businesses.

The Treasury Secretary declined to meet a deadline to provide the president’s returns, asking for more time to study the legality of their request.

The agency managed to open filing season on time despite the recent government shutdown and saw a big opening day.

A new report urges against the taxation of robots, with the warning that any such policy would stifle innovation.

Massachusetts Senator Elizabeth Warren and her husband reported an adjusted gross income of $846,394 on their 2018 federal tax return, with $324,687 of that total coming from her work as an author.

A bipartisan group of senators introduced legislation that would extend a lucrative tax break that could benefit Tesla and GM.

Customer service and bothersome clients; SALT works-in-progress; time needed for Trump’s returns; and other highlights from our favorite tax bloggers.