Income taxes

The IRS has given cryptocurrency holders a bit more clarity about how to report digital assets on their 1040 income tax forms.

Florida, Texas and Arizona are the top destinations; the first two have no income tax, and the third is moving to a flat rate soon.

Eric Adams released his 2021 tax returns on Friday, six months after he pledged to provide the public with the information.

The Treasury Department and the Internal Revenue Service issued final regulations to eliminate a so-called "family glitch" in qualifying for premium tax credits.

Million-dollar baseballs are raining down on fans like pennies from heaven, and the taxman isn't far behind.

The High Court considers taxes; a new perspective on cyber attacks; how to answer the phone; and other highlights from our favorite tax bloggers.

We have rigid and uniform procedures for almost every step of the tax preparation process.

The attorney general for Washington, D.C., has filed a consumer protection lawsuit against Liberty Tax accusing the tax prep chain of deceiving consumers with misleading ads and promotions and predatory pricing.

Continuing delays in management actions are contributing to the backlogs of millions of unprocessed tax returns and tax transcript requests.

What happens if your client invests in a Roth IRA? What about buying a home? Or even donating to charity?

According to the lawsuit, Michael Saylor avoided paying taxes since 2005 by fraudulently claiming to be a resident of lower-tax jurisdictions, including Virginia and Florida.

The California Small Business Relief Act established the tax credit, largely in reaction to the $10,000 limit on the state and local tax deduction under the Tax Cuts and Jobs Act.

Alexandru Bittner v. United States is about some of the tax and compliance rules the U.S. slaps on its own expatriates.

The Empire State is expanding a tax break that allows smaller companies to circumvent the $10,000 limit on state and local tax deductions.

Dozens of congressional Republicans and Democrats made the demands in a letter to the Internal Revenue Service.

The institute wants the Internal Revenue Service to address 'plummeting' service levels on its so-called Practitioner Priority Service and make fixes.

The Internal Revenue Service is searching for a new deputy chief of its Independent Office of Appeals to help manage and develop the office.

The U.S. Court of Appeals for the District of Columbia Circuit rejected Trump's appeal of a lower court's ruling.

House Democrats who had threatened to block President Biden's tax and climate plan unless it also expanded the deduction for state and local taxes are signaling they'll back the legislation.

DAFs have been receiving more than half their contributions from complex assets such as shares of public and private companies, real estate and cryptocurrency in the past five years.