Tax

A federal judge blocked recovery of any pandemic relief funds from Texas, Louisiana or Mississippi if those states use the aid to offset state tax revenue shortfalls.

Businesses that have been investing in cryptocurrency are dealing with uncertainty as government agencies are going to expect them to account for their holdings and pay taxes.

April and Column Tax are among the startups capitalizing on the idea that taxes are part of a person’s financial life and banks are most suited to help with tax preparation and filing.

Gov. Kathy Hochul and legislative leaders struck a budget deal that promises a little less pain at the pump, help for working parents, and new tax breaks.

BKD launches accounting advisory services line; Illinois CPA Society appoints 2022-23 board of directors; and more CPA news.

Treasury Secretary Yellen is counting on the support of corporate America for the deal to win passage in Congress — a crucial step for its worldwide success.

Three-alarm fraud; trust no one; first, best and guilty; and other highlights of recent tax cases.

Why the service has not exhausted the full arsenal of tools, resources and relief at its disposal is confounding.

The IRS has the expertise to enforce President Joe Biden’s proposal to tax the unrealized gains of mega-millionaires and billionaires, Senator Elizabeth Warren contended in the face of criticism over the workability of a proposal she strongly supports.

The Treasury secretary said a digital dollar would take years to develop if the U.S. decides to proceed with one, underscoring a deliberate approach by policymakers.