Tax

The Internal Revenue Service issued a notice Thursday providing interim guidance to clarify how the suspension of the personal exemption deduction in the Tax Cuts and Jobs Act will affect some of the rules under the Affordable Care Act for claiming the premium tax credit for health insurance.

Banco Santander SA became the latest addition to a long list of banks targeted by German prosecutors over controversial tax-driven transactions known as “Cum-Ex” that may have cost the German state about 10 billion euros ($11.5 billion).

The billionaire had no spouse or children to divide his empire. But there are many others with interests at stake.

Florida Governor Rick Scott, who boasts of cutting taxes dozens of times, has a chance to secure his legacy for years to come — even if Democrats manage to sweep his party completely out of power.

Extended deadlines, exemptions from some securities laws, and relaxation of low-income housing rules aim to help those affected by the storm.

Empire State taxpayers sent about $24 billion more to the federal government last year than they got back in spending.

Social Security bump; what accountants do; no IRS taxpayer rights training; and other highlights from our favorite tax bloggers.

The American Institute of CPAs presented testimony Tuesday during a hearing conducted by the Treasury Department and the Internal Revenue Service about the proposed regulations for implementing the qualified business income rules under the Tax Cuts and Jobs Act.

An all-electronic vision, security concerns, and other highlights from the latest IRS National Public Liaison meeting.

Taxpayers now have until Feb. 28 to file a number of returns and make certain payments.