Tax

Individual income taxes are the federal government’s single biggest revenue source. In fiscal year 2018, which ended Sept. 30, the individual income tax is expected to bring in roughly $1.7 trillion, or about half of all federal revenues, according to the Congressional Budget Office.

The issue hasn’t been the political boon party leaders hoped it would be.

U.S. corporations have largely abandoned the contentious deals that allowed them to shift their addresses abroad for a lower tax rate. Yet a key part of the transactions is continuing quietly even after President Donald Trump’s tax overhaul.

Whether you’re at a Big Four firm, a regional firm or a sole practitioner, you have the potential to be a rainmaker.

Preparer for illegal aliens pleads; wheat tricks; Ace goes down; and other highlights of recent tax cases.

Have you discovered the latest and greatest tax planning strategy? Before suggesting it to clients, consider the ever-persistent loophole cycle.

When contemplating a 1031 exchange, one of the most commonly overlooked issues by investors is state taxation.

The tax law gave a last-minute windfall to commercial property owners such as President Donald Trump. But regulations proposed by the Internal Revenue Service could diminish the benefit.

Global economic confidence among accountants declined sharply in the third quarter, reaching its lowest level since early 2016, according to a survey released Thursday by the Association of Chartered Certified Accountants and the Institute of Management Accountants.

Authorities tried to collect an allegedly unpaid $655,000 unemployment tax bill, but car maker said it's a clerical error.