Tax

Treasury Secretary nominee Scott Bessent warned of an economic crisis that will hammer middle- and working-class people if the 2017 tax cuts aren't extended.

The Internal Revenue Service released guidance on the tax treatment of contributions and benefits from state paid family and medical leave programs.

Most Biden administration tax proposals weren't adopted by Congress, including an idea to tax the unrealized gains of billionaires.

The outgoing Treasury Secretary warned that plans by the incoming administration could worsen an already challenging fiscal outlook.

The latest data on revenue growth for CAS practices, statistics from IRS Criminal Investigation for the full year of 2024, and other major metrics.

The IRS and the Treasury Department issued proposed regs and reporting requirements for multiyear corporate separations and a draft form.

A survey from Wolters Kluwer found that accounting firms are planning major tech investments in 2025.

The newly appointed council members will serve three-year terms.

Shortly after Trump's victory, countries began quietly looking for ways to avoid tariffs — or to retaliate.

The Internal Revenue Service ended 2024 with new regulations on reporting cryptocurrency transactions, amendments for outdated provisions and more.