Tax

The end of Chevron deference, shifting IRS policies and other major changes to the tax landscape.

The Internal Revenue Service issued a warning to tax professionals to be on guard against the identity thieves who are targeting them and their clients.

2024 has been a dramatic one for cryptoassets, and as the year continues, accounting professionals will need to be able to keep clients informed.

The IRS agreed to reduce one of its tax claims from about $649 million to $43 million related to resolution of a dispute over SVB's use of a "mark-to-market" accounting method to value certain financial products.

The IRS and Treasury Department released final regulations on how companies and tax pros should report and pay the 1% excise tax on corporate stock repurchases.

The court made it tougher for the administration to defend regulations it issued in recent months to tackle climate change, forgive student debt, crack down on so-called "junk fees" and write tax regulations.

Cutting-edge technology could help authorities identify wrongdoing, with well over half of Turkish companies announcing outright losses or "symbolic" profits.

The Treasury and the Internal Revenue Service issued final regulations on reporting by brokers on dispositions of digital assets such as cryptocurrency for customers in certain sale or exchange transactions.

The contentious debate included some discussion on tax policy, but Biden's unsteady delivery left many Democrats worried about his ability to continue his campaign.

A divided Supreme Court threw out a decades-old legal doctrine that empowered federal regulators to interpret unclear laws.