Tax

A group of lawmakers has urged the IRS to drop the mandate to follow stringent ID.me standards.

The gap between taxes owed and paid increased to $696 billion in tax year 2022.

While the potential rewards are attractive, for many of the small to midsized players, there are a host of operational and tax-related implications that need to be addressed.

His pledge could simplify the tax obligations for U.S. citizens who live overseas.

If the Massachusetts legislature fails to sign off on a proposal to temporarily raise commercial rates before the end of next month, Mayor Michelle Wu said the city would need a tax increase.

Disagreements with the IRS, while business as usual for CPAs, can be terrifying to the taxpayer.

A new survey by PwC of top corporate executives uncovered worries about tax policy after the election.

Confidence in generative AI has soared among financial operations and tax professionals in just one year.

Sens. Bill Cassidy and Mark Warner introduced legislation supported by the AICPA that would create a dashboard to inform taxpayers of backlogs and wait times for refunds.

In less than 30 days, Americans will elect the politicians who will set policy for the next two years in Congress and four years at the White House.