Tax

Wyden’s proposed legislation would require them to pay tax annually on unrealized gains.

Living on borrowed time; seed money; two down; and other highlights of recent tax cases.

The Internal Revenue Service is asking tax professionals to help clients who fell prey to identity thieves who have been filing unemployment claims in their names during the pandemic.

With today’s business environment forcing companies to always be in a state of flux, the tax landscape will only become more complex.

Two senior Democrats are proposing a bill that would go further than President Joe Biden’s plan and potentially raise quadruple the revenue.

Congress is weighing a proposal to end the tax break next month to pay for the bipartisan infrastructure plan.

Lawyers for former President Donald Trump are asking a federal judge to block the release of his tax returns to Congress, saying Democrats’ pursuit of the documents amounts to political retaliation.

Senators Ron Wyden and Pat Toomey are drafting a proposal to overhaul a cryptocurrency provision in the $550 billion bipartisan infrastructure bill that traders and investors have criticized as being overly broad and impractical.

The problem with some tax credits; a PPP forgiveness portal; crypto replies; and other highlights from our favorite tax bloggers.

Changes to the Child Tax Credit may require a second look as the system gets simultaneously simpler and more complex.