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The Cadillac tax is a 40 percent excise tax on “high cost” health plans set in place by the Affordable Care Act. However, despite the familiarity tax professionals have with its name, the details surrounding the Cadillac tax can be complicated and confusing.

Dixon Hughes Goodman (DHG) announced on Thursday that their fifth annual Count the Cans campaign saw 593,464 pounds of donated food and more than 1,150 service hours to hunger-relief organizations across 12 states over two weeks. This year's donations bring Dixon Hughes' five-year total to 3,795,814 of food donated

A tax credit that helped prop up the housing market in the wake of the 2008 mortgage crisis could be set for a comeback.

Investment bankers are concerned there may be big corrections on the way for “tech unicorns,” private companies valued at over $1 billion, according to a new survey by BDO USA.

Democrats are courting progressive-minded Americans by calling for a tax on Wall Street trades. If the party succeeds, the mom-and-pop investors they’re wooing could bear the brunt.

The Democratic Party’s proposed 2016 platform supports “a financial transaction tax on Wall Street”—but presumptive nominee Hillary Clinton is focused on a narrower approach that isn’t likely to target big banks.

Increasingly, firms are turning to advisory services as a way to differentiate and generate new revenue.

Municipal bonds are becoming concentrated in a fewer number of hands and that may not be good for bondholders and states and local governments.

House conservatives launched an effort Thursday to force a vote to impeach the IRS commissioner, but action on the motion could be delayed until September.

The NYU School of Professional Studies (NYUSPS) announced on Thursday that the University will host its 2016 Summer Institute in Taxation July 18-29, at The Westin New York in Times Square. The two-week Institute will feature national and international tax experts leading in-depth sessions ranging from state and local taxation, partnerships, consolidated returns, trusts and estates, wealth planning, and international taxation.