Tax News

Netflix had to pay about $619 million to settle a multiyear tax dispute with Brazilian authorities going back to 2022.

Using AI to teach accounting; CPAs and financial statements; TIGTA on joint returns; and other highlights from our favorite tax bloggers.

The Trump administration agreed to procedures for student debt relief so borrowers who have their loans canceled this year don't get hit with a huge tax bill.

The American Institute of CPAs is asking for more flexibility for taxpayers who wish to claim tax deductions for overtime and tip income under the OBBA.

Anrok Inc., a startup helping software companies automate sales tax compliance, has raised $55 million in a Series C funding round.

Enforcement activity and Tax Court cases are at a standstill, and practitioners should expect backlogs and slowdowns.

Small businesses challenging the global tariffs urged the justices to affirm lower court rulings that the import levies amount to a massive tax on companies.

The doubling of California's film and TV tax credits to $750 million a year is showing promise in bringing production back to the state.

A millionaire levy in Massachusetts has generated $3 billion more in revenue than expected without forcing significant high-profile departures from the state.

The One Big Beautiful Bill Act will boost the number of filers who must calculate their AMT. But that doesn't mean they're all going to have to pay it.