Tax

The decision hinging on the definition of "inventory" in the sale of a highly valuable position in a U.S. partnership resolved a saga that began 16 years ago.

The proposal from Trump and Harris to not tax tips is popular, but tipped workers in Nevada are clear-eyed out its electoral chances.

Pushing 100 notices; nothing but the tooth; checking out; and other highlights of recent tax cases.

Six years of the Centralized Partnership Audit Regime have elucidated a central understanding: the provisions present plenty of potential pitfalls for partnerships, partnership representatives and the partners.

As the November election draws nearer, accounting and tax pros are looking at the candidates' past records to understand what changes each administration could enact.

U.S. District Judge Ada Brown in Dallas sided with the U.S. Chamber of Commerce and the Texas-based tax firm, Ryan.

Operators of large trucks and buses must file their Form 2290 by Sept. 3.

The Internal Revenue Service and its partners have identified half a dozen steps for safeguarding taxpayer information.

The Treasury Inspector General for Tax Administration found that IRS Tax-Exempt Compliance Unit examiners spent 6.1 hours on average per case in 2023, up 281% from 2020.

Both presidential candidates have floated it, and there are benefits for both workers and employers — though not always how you'd expect.