Tax

The European Union hit back at President Trump's claims that digital regulations abroad are unfair after he threatened to impose tariffs and other penalties.

The use of multiple entities as a means of shifting a high net worth client's yearly income could help rack up bigger breaks, with some caveats.

The total effective tax rate for the 400 wealthiest Americans was lower than the general population, according to a new study.

Snake oil; how to succeed in business; don't bet on it; and other highlights of recent tax cases.

The Internal Revenue Service is reportedly reversing course on some of its wide-ranging job cuts after realizing they reduced the staff too drastically.

For a time earlier this year, Faulkender served as the acting commissioner of the Internal Revenue Service.

Plus, BillingPlatform rolls out AI-powered RevenueIQ suite; AccountsIQ adds Non-Financial Metrics feature for AIQ3 platform; and other accounting tech news.

The dozen states that implemented a refundable CTC program in the wake of the pandemic held down child poverty rates relative to states that didn't act.

The Internal Revenue Service issued answers to frequently asked questions about the soon-to-expire tax credits for solar and wind power and electric vehicles.

Former DOGE member Joe Gebbia's mandate as the nation's first chief design officer may include redesigning income tax forms.