Tax

A Brazilian-American businessman became the second former Credit Suisse client to plead guilty within the last week to hiding millions of dollars in assets.

Both houses of Congress have passed budget resolutions — but they have passed very different budget resolutions.

Small businesses may have been caught unawares by the earlier tax deadline for filing their taxes, but they can still file for an extension.

The continuing resolution that the Senate narrowly approved included the extension of a $20.2 billion rescission in the Internal Revenue Service's budget.

Acronyms like CRT, CRAT, CRUT and NICRUT could have many clients' heads spinning. Here's a guide to the key pros and cons for financial advisors to consider.

This month, the Internal Revenue Service is predicting a rise in tax scams for 2025, and added four new eligible counties for foreign income exclusion.

The stopgap funding bill paves the way for Republican lawmakers to pivot to signature border and tax bills they seek to pass in the coming months.

A recent lawsuit suggests that IRS leaders who refuse to hand over taxpayer information to the Trump administration are being moved out.

The threat of a government shutdown receded Friday, but the IRS would nevertheless still operate during tax season, even at lower capacity, in the event of a shutdown.

The Trump administration has been rapidly backing away from the various green energy tax incentives offered under the Biden administration.