Tax strategies

The Treasury Department has narrowed the reach of a new tax aimed at technology and pharmaceutical companies with overseas income, wiping out an unintended consequence of President Donald Trump’s 2017 tax overhaul.

Both asset holders and practitioners have to educate themselves on the tax and recordkeeping rules around cryptocurrencies.

If liberal and conservative advocacy groups can agree on anything, it’s this: A suite of more than three dozen or so corporate tax breaks that have expired over the past two years should stay dead.

The American Institute of CPAs submitted more than 140 recommendations to the Internal Revenue Service regarding its 2019-20 Guidance Priority List.

Sen. Ron Wyden, D-Ore., introduced the legislation in response to the recent college admissions scandal.

A short list of pointers for when students put down the diploma and pick up the tax return.

Democrats would need to sweep the 2020 election if they want to pull the trigger to end the carried interest option.

The ride-hailing company also said that its potential tax charges in a number of key foreign markets could change.

Between federal, state and local rules, hosts need to be sure they’re in compliance.

The new attempt aims for more simplicity and privacy.

Three distinct periods of e-filing during tax season can help accountants leverage audience insights to inform advertising strategies.

Now is the time to fill in the gaps in your clients' financial plans.

As the U.S. retirement savings crisis continues to grow, legislators are taking steps to ensure all employees have access to formal retirement savings programs.

Democratic presidential candidate Bernie Sanders introduced legislation that would impose a tax on trades of all stocks, bonds and derivatives in the U.S., a move he says would help curb Wall Street speculation and help finance his campaign promise to provide tuition-free college and cut student debt.

A federal court in Texas is allowing the IRS to learn the identities of clients it suspects of structuring offshore entities to avoid U.S. taxes.

Small businesses across America are asking the same question: Am I operating in the correct entity to maximize tax savings?

A recent court decision on FBAR penalties could impact the tax reporting of the newest member of the British royal family.

The chances of an IRS audit for people making at least $10 million a year plunged during the government’s last fiscal year, according to data released on Monday.

The American Institute of CPAs has sent the Internal Revenue Service a set of recommendations on changing some of the parking rules for tax breaks for transportation fringe benefits, which the Tax Cuts and Jobs Act mostly eliminated.

The House Ways and Means Committee held a hearing Thursday to examine what's behind the estimated gap of approximately $460 billion between taxes owed and actually paid.