Tax

In its first-ever annual report, the division shared its major focuses and top initiatives from FY 2019.

PricewaterhouseCoopers has been building its managed tax services business since 2017, but now it sees an opportunity to help companies who are dealing with COVID-19.

A man from St. Simons Island, Georgia, has been indicted for threatening to use a pipe bomb on an Internal Revenue Service building in New York.

The moves were criticized by Democrats and some Republicans as, variously, providing little real help, an unconstitutional power grab from Congress, and a backhanded way to defund Social Security and Medicare.

Businesses donating to charitable funds in exchange for a state tax credit can deduct those costs from their federal taxes, according to regulations released on Friday.

President Donald Trump’s move to halt the collection of taxes that fund America’s main support programs for the elderly spurred a wave of political opposition and threatens to generate tension between employers and workers.

President Donald Trump announced four executive actions on Saturday, including continued expanded unemployment benefits and a temporary payroll tax deferral for some workers, as the coronavirus pandemic continues to hobble the U.S. economy.

The Internal Revenue Service is giving extra time to companies that make and sell sport fishing and archery equipment to file and pay their excise taxes due to the novel coronavirus pandemic.

It was the best of times for some tax pros — and the worst for others.

New York is seeking to dissolve the National Rifle Association as the state attorney general accused the gun rights group and its current and former senior officials of engaging in a massive fraud against donors.