Tax

President Donald Trump said he’ll punish American companies that move jobs abroad and reward firms with tax breaks for shifting work from China to the U.S., proposals aimed at hastening the decoupling of the world’s largest economies.

The IRS is warning about the next round of annual expirations.

Delaying tax payments is one thing; forgiving them is another thing entirely.

The service is now letting taxpayers submit Form 1040-X electronically when they want to file an amended tax return through commercial tax software.

The Internal Revenue Service is giving taxpayers a break if the checks they mailed in to pay their taxes still haven’t been opened up yet and are sitting in the trailers the IRS set up during the pandemic.

The Internal Revenue Service is giving parents another chance to list their kids so they can receive an extra $500 per child in economic impact payments under the CARES Act.

The limitation on net operating losses under the 2017 tax reform were mostly reversed in the stimulus package in March, but there are some complexities to keep in mind.

Daily fantasy sports companies must pay federal excise tax on their entry fees, the IRS has decided, according to an internal memo that could cause a major shakeup in the industry.

Reaching across the Isle; room disservice; game of tag; and other highlights of recent tax cases.

White House officials said the administration has no plans to do away with the payroll tax despite President Donald Trump saying he would seek a permanent repeal if he wins another term.