Tax

Financial and accounting teams are inundated by new data streams that accompany hybrid work on a global scale.

Republicans rejected a Democratic proposal that would seek to raise revenue by altering a dozen tax provisions.

Signed into law last December and now partly in force, the sweeping retirement overhaul package presents new planning opportunities for millions of Americans and financial advisors.

The service is reportedly planning to try out its own direct-file tax software with a limited group of taxpayers by next tax season.

Members of the Senate and House introduced bipartisan legislation to build more housing with the credit.

The Internal Revenue Service has caught up on much of the pile of unprocessed tax returns, but it's still not back to normal.

Commissioner Werfel is promising to fix the method of selecting taxpayers for examinations that seems to lead to more Black taxpayers being audited.

The North Carolina real estate appraiser is cooperating with prosecutors, as are five accountants who helped sell syndicated conservation easement tax breaks.

The Big Four firm's Australia unit said former Telstra CEO Ziggy Switkowski will lead an independent review into its governance and culture.

The Finance Committee found that the TCJA enabled some of the biggest to lower their tax bills by shifting profits abroad.