Tax

Former Warburg banker Christian Olearius has been found permanently unfit to stand trial, so the court dropped the case.

The Treasury Department provided formal notification to Russian authorities that it's partially suspending a tax treaty as relations worsen over the war in Ukraine.

Notice 2024-55 from the IRS explains exceptions to the additional tax for certain emergencies, and for victims of domestic abuse.

The Internal Revenue Service released a revised draft version of Form 6765, the Credit for Increasing Research Activities, in response to feedback.

Nigeria's tax agency dropped accusations of tax fraud against Tigran Gambaryan, but a separate money-laundering case brought against the former IRS employee resumed.

The IRS will deny tens of thousands more pandemic-era employee credit claims it deems potentially fraudulent in the coming weeks, as it remains in a holding pattern for processing new claims.

The senator dismissed concerns from budget watchdogs that it could increase the deficit by $250 billion or even more over a decade.

Card shark; the roof falls in; a dynamic duo; and other highlights of recent tax cases.

The Internal Revenue Service plans to begin slowly paying some of its older claims for the fraud-plagued Employee Retention Credit this summer, but is not lifting its moratorium.

The U.S. Supreme Court upheld a 2017 tax on American-owned businesses' foreign profits, rejecting an appeal that could have saved companies hundreds of billions of dollars.