Tax

The American Institute of CPAs sent a set of recommendations to the Internal Revenue Service on the application of excise taxes to donor-advised funds.

The U.K. retailer reported a surprise tax bill of almost $750 million, the departure of its financial chief and deepening woes at department-store chain House of Fraser.

The proposal positions the Democratic presidential candidate between rivals Bernie Sanders and Joe Biden on a contentious issue.

The rules set by the Economic Development Commission in St. Thomas allow some businesses to lower their exposure to taxes by up to 90 percent.

France stuck to its plan to tax big multinational tech companies, defying U.S. President Donald Trump’s suggestion that he might impose tariffs on French wine.

At the top of the list is one particularly vexing provision: the section 199A qualified business income deduction.

Bitcoin owners are being advised to pay back taxes on any income they failed to report.

The Internal Revenue Service has resurrected an information return that hasn’t been used since the early 1980s.

Donald Trump didn’t get the judge he wanted to oversee a legal challenge to House Democrats who want to see the president’s New York state tax records. But Trump got the next best thing — a jurist he appointed to the bench earlier this year.

Not so Smart; The Kings are dead; sick ideas; and other highlights of recent tax cases.