Tax

The Republican tax overhaul gave a New York Democratic senator a tax break.

Stephen Moore, whom President Donald Trump said he’ll nominate for a seat on the Federal Reserve, owes more than $75,000 in taxes and other penalties, according to the U.S. government.

The House Ways and Means Committee held its first hearing under Democratic control on the tax reform law.

Leaders of the Senate Finance Committee launched a probe into a tax scam that siphons billions of dollars away from the federal government.

Starting May 13, only individuals who already have a SSN or ITIN will be able to request an Employer Identification Number.

Prosecutors recorded a phone call in which William Singer said his charity was being audited and the parents should tell the IRS their contributions were for needy children.

Corporate America brought $664.9 billion of offshore profits back to the U.S. last year, falling short of the $4 trillion President Donald Trump said would return as a result of the 2017 tax overhaul.

The Democratic presidential candidate is joining in calls for higher taxes on the wealthy, an issue that’s taking hold among the contenders for the party’s nomination in 2020.

The Big Three automaker has sold 200,000 electric cars.

IRS fraud-detection; restoring the personal exemption; divorce and taxes; and other highlights from our favorite tax bloggers.