Tax

The Internal Revenue Service’s policies don’t comply with some of the federal government’s requirements that agencies must ensure all records are retrievable and usable for as long as needed, according to a new report.

A group of Democrats led by Sen. Elizabeth Warren, D-Mass., and House Ways and Means Committee ranking member Richard Neal, D-Mass., has introduced legislation to allow same-sex couples who were previously barred from filing taxes jointly to now submit amended returns dating back to the year of their marriage.

Corporate America and money managers are hugely divided on the prospects of changing the U.S. tax code.

The latest draft would leave intact Obamacare tax increases on the wealthy.

A six-year push to impose a tax on financial transactions in Europe may have run its course, with Germany and France dragging their feet as they prepare for Brexit and a redrawing of the financial map that has already begun.

A bipartisan group of lawmakers has introduced legislation to provide taxpayers more rights to have their cases heard by the Internal Revenue Service’s Office of Appeals.

A properly designed and implemented construction tax planning analysis will proactively identify tax savings related to new and planned construction projects.

The rap singer DMX was arrested and charged with tax fraud for allegedly evading $1.7 million in taxes.

Senate Republicans dropped efforts to eliminate three Obamacare taxes on the wealthy in their latest health-care bill—but the party may revive that push in a tax-overhaul plan later this year.

The House Ways and Means Tax Policy Subcommittee held a hearing Thursday to discuss how tax reform will affect small businesses, while a Senate Democrat introduced legislation to give new tax breaks to small businesses.