Tax

The Internal Revenue Service is mailing letters to taxpayers explaining why they may not be getting as much of a Recovery Rebate Credit as they were expecting on their taxes.

The richest New York City residents could soon face the highest combined tax rates in the U.S.

Three top Senate Democrats released a proposal to overhaul the U.S. international tax system that could shape the outcome of the global tax revamp that the White House is pursuing to fund infrastructure spending.

The Treasury secretary outlined the case for a harmonized corporate tax rate across the world’s major economies.

One person lagging or falling behind or not meeting their due date commitment holds back everyone else.

Democratic governors from seven states, including New York, New Jersey and California, wrote to President Joe Biden urging him to remove the cap on state and local tax deductions enacted by Donald Trump.

Treasury Secretary Janet Yellen will argue Monday for a global minimum tax rate for companies as she pushes President Joe Biden’s plans to raise levies on U.S. companies, a person familiar with her remarks said.

When choosing a business entity type, general contractors must think about the legal, financial and tax implications.

Could be a long haul; Boston illegal; down the drain; and other highlights of recent tax cases.

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