Tax

The university sued several U.S. agencies and top officials for freezing billions of dollars in federal funding and threatening its tax-exempt status.

The Budget Lab at Yale projects that taxing income over $1 million at a 40% rate would generate $420 billion over a decade.

Under current laws, qualified investors living in the commonwealth are not required to pay local or federal taxes on capital gains, including crypto appreciation.

Studies on the "buy, borrow and die" strategy and state-level taxes reveal the complexities involved with extending the Tax Cuts and Jobs Act by the end of 2025.

"I'm so glad tax season is over!" is a phrase often heard from accountants. Why would anyone would say this?

White House officials are preparing executive orders that would strip some environmental nonprofits of their tax-exempt status.

Tax collections are confirming Wall Street forecasts that the U.S. government will not exhaust its borrowing capacity until later this year.

The country's only public Major League Baseball team is facing off against the Tax Code in a lonely battle over player pay that threatens to cost it millions.

Treasury Secretary Scott Bessent appointed his deputy, Michael Faulkender, to lead the IRS, after Gary Shapley had been installed without Bessent's knowledge.

Gary Shapley, who was named only days ago as acting commissioner, was removed by President Trump and replaced by Deputy Treasury Secretary Michael Faulkender.