Tax

The Internal Revenue Service is setting up a new unit to target the use of basis shifting between related parties as a way for partnerships to avoid paying taxes.

The Supreme Court asked the solicitor general to weigh in on whether a Pennsylvania tax case has federal ramifications.

For tax pros, the IRS is also hosting recruiting events at its Nationwide Tax Forums.

If you have clients with employees in more than one state, they must pay attention to the payroll-related rules and tax responsibilities in the states where those staff live and work.

Donald Trump promised CEOs he would lower the corporate tax rate to 20%, further reducing the income levy on the largest U.S. companies that he already slashed while president.

Republican lawmakers, including some who have been skeptical of higher tariffs, said Trump's pitch was well received.

Extreme and outlandish; General nonsense; tat's all, folks; and other highlights of recent tax cases.

The SALT cap is one of several tax issues to be confronted next year, with key portions of Trump's 2017 tax cuts expiring at the end of 2025.

The Internal Revenue Service is postponing both filing and payment deadlines.

The Tax Court approach in a recent case may produce a split among the circuit courts, and the Supreme Court may take a case to resolve the split.