Tax

The Internal Revenue Service is starting to provide tax refunds to taxpayers who paid taxes on their 2020 unemployment benefits that recent legislation later excluded from taxable income.

If you think clients don’t notice when you ignore their messages or send them terse responses days after they’ve reached out to you, think again.

Republican senators say they’re encouraged about the prospects for a deal with President Biden on his $2.25 trillion infrastructure proposal after an Oval Office meeting but want to exclude any move to roll back the 2017 tax cuts to help pay for the package.

Royal pain; collect yourself; hard Impact; and other highlights of recent tax cases.

The EITC, the ACTC and the ACTC continue to be abused, even as they become more generous.

Most at risk are taxpayers whose earnings aren’t reported to the IRS by an outside source like an employer or brokerage firm.

The president and Republican congressional leaders see a narrow opening for compromise on infrastructure spending yet significant obstacles remain, particularly on tax increases.

The Internal Revenue Service has picked TaxBit, a Salt Lake City-based company, as a subcontractor to help it do data analysis and tax calculations for audits of taxpayers with cryptocurrency.

Three Democratic senators introduced legislation that would stop the tax breaks used by private equity money managers and others.

Ohio and Missouri judges deny injunctions because those states haven’t yet suffered any harm.