Tax

The advisory committee’s annual report to Congress highlights the dangers of cutting the service’s budget.

The former president and the House Oversight Committee failed to agree on the release of his financial documents after several rounds of negotiations.

Facing an indictment on tax charges in the U.S., McAfee had been in Spanish custody since October.

The group proposed $40 billion in Internal Revenue Service funding to yield $103 billion.

Companies and their advisors first need to determine who has the authority to grant such tax benefits.

Top White House aides wrapped up a meeting with a group of senators Tuesday without producing an infrastructure compromise, as differences on how to pay for a proposed $579 billion in new spending for roads, bridges and other projects continue to bedevil the talks.

Stephen Schwarzman said the risk of an increase in U.S. capital gains taxes has led to explosive growth in potential targets for his alternative investment firm.

Senate Budget Committee Chairman Bernie Sanders is proposing to partially revive the federal deduction for state and local taxes in an draft outline of a budget resolution designed to fast-track much of President Joe Biden’s economic agenda.

A new holiday; VAT questions; give parents credit; and other highlights from our favorite tax bloggers.

The Internal Revenue Service opened a portal to enable families to monitor and manage their monthly advance payments of the expanded Child Tax Credit.