Tax

Tax professionals and their clients are dealing with extra challenges this tax season from tax breaks that ended last year and haven’t yet been extended, including the enhanced Child Tax Credit.

The lawyer dubbed “the brain behind Cum-Ex” has been pursued by authorities for his role in the controversial tax-driven trading strategy.

Two House Democrats have a new plan to provide a more generous state and local tax deduction.

The two prosecutors leading the criminal case against former President Trump’s real-estate company resigned unexpectedly.

Using these seven steps during the busy season will enhance your client experience and boost your revenue.

The rate for both overpayments and underpayments will be 4%.

Two legislators want to open an investigation into personnel moves between the five largest accounting firms and the upper echelons of the Treasury and IRS.

CFOs rank supply chain disruptions, the talent shortage and tax reform as higher risks than COVID-19, according to a recent survey from BDO USA.

Allen Weisselberg claims charges filed against him in New York are barred by his federal immunity deal in a separate case involving former President Trump’s payments to a porn star.

A new bill would end the tax-exempt status for new sales of municipal bonds that finance professional sports stadiums.