Tax

A chief counsel memo says taxpayers who want to claim tax deductions for donating cryptocurrency need to first receive a "qualified appraisal" if the amount exceeds $5,000.

The Internal Revenue Service pledged to improve taxpayer service this year.

There's a catch buried in the law: Projects that don't meet certain new wage and labor requirements only get a fraction of the credit.

Former President Donald Trump has dropped a long-running court fight with Congress over access to his New York state tax returns, notifying a judge late Friday in a joint filing with a House committee that the new Republican leadership "has no interest" in the documents.

Increasingly, tax functions are turning to the cloud to help with many of their data-processing needs.

The African giant says the deal is skewed to the interests of rich nations and could actually hurt the country's tax revenues.

CohnReznick adds 19 to partnership; the IRS appoints nine new members to Advisory Council; and more accounting news.

The new Rocket Tax offering pairs taxpayers with CPAs or EAs to prepare their returns.

The board voted to approve an update that would enable more companies to opt for a proportional amortization accounting method for their tax credit investments.

Got Reals; a wonderful world; buddy, can you spare 28 million?; and other highlights of recent tax cases.