Tax

The former Treasury secretary sees rates headed higher in the short run, and U.S. taxes rising significantly in the longer run.

The service has started holding discussions with advocacy groups on the direct file tax system it plans to begin testing early next year.

The American Institute of CPAs sent its members to visit lawmakers on Capitol Hill to advocate for various bills.

Headaches and highlights of the season; righting a use of property taxes; lots of luck; and other highlights from our favorite tax bloggers.

More art than science, financial advisors can face difficulty in determining what constitutes a "substantially identical" security.

The Cum-Ex scandal has robbed billions of euros from government coffers and embroiled some of Wall Street's biggest names.

Biden's team agreed to trim $21 billion over a decade from IRS enforcement and $28 billion from prior COVID spending.

GOP legislation in the House aims to prevent the U.S. from participating in the multinational tax changes the Biden administration helped negotiate with the OECD.

Plus AuditClub Compass aims at AICPA quality control standards; FloQast releases Compliance Management tool; and other accounting tech news.

The widespread availability of the high-powered chatbot has led to a panoply of new AI-powered accounting solutions.