Tax strategies

The West Virginia senator said it wouldn’t be “prudent” to act now on climate and tax plans without seeing another month of inflation data first.

The West Virginia senator told Democratic leaders Thursday he would not support new spending on climate measures or tax increases.

A Senate plan to expand taxes on some businesses to bolster Medicare raised alarms about inflation, potentially complicating Democrats’ attempt to pass a broad economic package.

Crunch time has finally arrived for the president's economic agenda as Democrats scramble for a deal on a slimmed-down version of what was once a multi-trillion-dollar overhaul of domestic policy.

The Treasury developed the framework with other federal agencies in response to an executive order from President Biden, even as lawmakers have proposed their own industry-friendly legislation.

The service has posted a revenue procedure to give widows and widowers the ability to file for an extension of time on a tax exclusion until the fifth anniversary of their spouse’s death.

Senate Democrats have reached a deal to extend the solvency of Medicare by closing a tax loophole frequently used by law firms and other partnerships.

The requirement, buried in the $1 trillion infrastructure law passed last year, mirrors one for brokerages and has flown under the radar.

A senior member of the House Ways and Means Committee has introduced legislation to double the size of the research and development tax credit and enable more small-business startups to claim it.

Holes in a proposed gun tax; IRS budget-to-be; offshore account troubles; and other highlights from our favorite tax bloggers.

The software giant, a staple of ESG investment funds, is being called out by a group of shareholders for what they say is its poor track record on tax transparency.

“Inflation psychology” is back, complicating financial planners’ discussions with unnerved retirement savers.

Suspending the federal gasoline tax would be a largely symbolic move by an embattled president running out of options to ease pump prices weighing on Democrats’ political prospects.

Investors who take a loss in a taxable account can use it to offset capital gains taxes owed from selling stocks that have appreciated.

The Big Mac maker was accused of dodging taxes by unfairly shifting revenue to neighboring Luxembourg and Switzerland.

The fast food giant reached twin settlements as it seeks to end cases into allegations it unfairly shifted profits out of France to avoid paying more tax.

When the tax agency said annual withdrawals would be required before an account is drained by year 10, it created a firestorm. Here's what's happening now.

With social media and the internet multiplying the ways people can give, the rules are more important than ever.

The new law requires digital apps and online marketplaces to send a tax form to both the IRS and a recipient who receives $600 or more a year in online payments.

A group of finance leaders are coping with a steady stream of economic disruptions this year and they’re planning ahead for tax hikes and more.