They will yet again have to make sense of a head-spinning array of new proposals, amendments and political fights before ...

A Republican congressman is reintroducing legislation Wednesday that would eliminate taxes on overtime pay, an idea that has ...

The IRS issued guidance on different tax treatment scenarios for contributions to paid family and medical leave programs.

Americans making $50,000 could see their tax bills grow by over $1,000 if Congress doesn't intervene.

Calculating taxes on investments involves downloading tax forms from your broker and grasping various investment tax rates.

The author writes "Over the past two decades, the Internal Revenue Service and the Department of Justice have cracked down on the use of offshore accounts and vehicles to evade U.S. income taxes.

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

Extending the tax law that’s set to expire would add $4.6 trillion to the national debt — so some GOP lawmakers want to ...

The IRS and the Treasury Department issued proposed regs and reporting requirements for multi-year corporate separations and ...

This paper discusses the three schools of thought regarding ‘income’ in such cases, the first one that says there must be entry of cost price in the revenue column thereby leading to cancellation in ...

On January 10, 2025, the Department of the Treasury (“Treasury”) and the Internal Revenue Service (“IRS”) issued proposed ...

Audits from the IRS are a nervewracking prospect for many Americans, but being informed about what they actually entail might help ease your mind.