Tax

As wealth management firms and advisors increasingly wear two hats, it's getting harder for investors to know when they're overpaying for products and advice.

The draft instructions may clear up some confusion, adding a new domestic filing exception.

Most states will be able to absorb the impact on their revenue from tax cuts, even if they face a mild recession next year, but some could have trouble.

The review process is an easy way for a firm owner or partner to become aware of an unusual activity for a client, and for the preparer to learn more about that client.

There's no sugarcoating the stock market's 20% plunge, but there is a small consolation prize: one of the best opportunities in years to lower tax bills.

Potential jurors are told they will be hearing a lot about Excel spreadsheets and corporate ledgers.

The IRS is projecting that the annual gross tax gap in 2014-2016 of $496 billion jumped to $548 billion for 2017-2019.

Treasury Secretary Janet Yellen picked the agency veteran, who has been deputy commissioner for services and enforcement since last year, to head the service.

The proliferation of free and lower-cost video services does not come without a hidden cost: State and local tax receipts stand to suffer as a result.

The flow of money from private foundations to donor-advised funds has jumped substantially in recent years, highlighting the increasing use of a controversial loophole in charitable law, a new audit shows.