Finance, investment and tax-related legislation

Sen. Sheldon Whitehouse is pitching a tax on oil companies as part of a broader plan to mitigate the impact of inflation on middle-income families.

The IRS has long looked askance at some land-conservation deals, but proponents are lobbying hard to protect them in Congress.

Uncertainty in Washington doesn't mean tax professionals can't offer clients guidance.

Handicapping which tax credits and other provisions will stay in the Build Back Better package.

The Build Back Better bill looks likely to only be considered in January 2022, and that likely in less radical form.

'Planning has been put on hold, because no one knows what the rules of the game are,' says one accounting firm partner.

Failure could imperil the backbone of the party’s messaging for the midterm elections.

In a statement, the president expressed confidence that the measure would eventually pass and urged patience as negotiations continue.

Action on the tax and spending bill has been punted to January.

Negotiations seem to be faltering between the White House and West Virginia Sen. Joe Manchin.

Tax pros share what aspects of the current tax legislation being considered in Congress brings the most questions from clients.

The House approved one of the final key steps aimed at guaranteeing an orderly transition from the discredited benchmark.

The most impactful laws, court decisions, regulations and IRS pronouncements of the last year.

The new act impacts cryptocurrency, the Employee Retention Credit and tax deadlines.

A look inside the current state of the Biden administration's 'human infrastructure' bill.

As Congress wrangles, advisors are struggling to figure out how to help clients.

Potential new provisions could create a seismic shift in tax.

Trade groups and Republicans in Congress are marshalling arguments based on privacy, constitutionality and other concerns.

The proposal would have banks report on accounts with more than $10,000, instead of the original $600.

One suggested that a two-year repeal of the $10,000 cap will be the final solution.