Tax

A group of 99 House Republicans has sent a letter to Internal Revenue Service commissioner Charles Rettig asking for information about how the IRS plans to fix the backlog of unprocessed tax returns before the 2022 filing season.

For Americans worried about rising prices and shrinking household budgets, January could bring another blow to the bottom line.

The Internal Revenue Service is asking more charities and tax-exempt organizations to file their information returns electronically as required by the Taxpayer First Act of 2019, but its aging systems are experiencing delays that are frustrating tax professionals.

Just make up employees; working from home; distrust; and other highlights of recent tax cases.

As the end of the year approaches, it’s time for your business clients to take stock of — and tackle — any outstanding business compliance tasks.

The Wildenstein family’s most vociferous critic stands accused of something she has denounced all along — tax evasion.

The House approved one of the final key steps aimed at guaranteeing an orderly transition from the discredited benchmark.

Practitioners can serve medical workers well by encouraging them to take the necessary time to establish a long-term tax plan.

Key negotiators continue to clash over the specific income limits for one of the unresolved issues in President Joe Biden’s economic agenda.

One key holdout — Senator Joe Manchin — said he’s skeptical he can vote for a bill that includes major economic changes.