Tax

The Treasury Department is trying to modernize the badly outdated agency in a bid to improve customer service and ramp up enforcement.

The Supreme Court will hear Moore v. U.S., a case involving taxation of unrealized income that experts suggest could have major ramifications.

Little steps with tech; getting rid of clients; cuts and holidays; and other highlights from our favorite tax bloggers.

Revenue Ruling 2023-14 clarifies the rules around what exactly counts as income for certain crypto-activities.

Basis Climate introduced a digital exchange where companies can buy and sell renewable energy tax credits like the kind offered under the Inflation Reduction Act.

But the majority of those changes are actually decreases, according to a new report from Vertex.

With residency, luxe living and low taxes mere table-stakes, the availability of trained staff to help the ultra-rich run their lives and their money has become a key battleground.

With the IRS cracking down, knowing when and how clients can claim the credit — and when they can't — is critical.

David Padrino will be spearheading many of the slated improvements funded by the IRA.

Tax experts testified during a hearing about the Employee Retention Credit and the issues they and their clients are facing.