Tax

Treasury Secretary Janet Yellen came under fire from Republicans over a quip from President Biden about letting tax cuts enacted by Donald Trump expire.

Welcome, 1099-DA; moving out and moving on; not all CRM is alike; and other highlights from our favorite tax bloggers.

State supreme court rulings granting frozen embryos the same legal status as children will have major impacts on financial planning, writes an expert on estate planning and tax law.

The number of individual income tax returns received rose by 16.34% in the final week of tax season.

Taxpayers and clients have scads of wrong ideas about taxes — and they have even more wacky notions about tax refunds.

New financial planning questions on the accounting exam could attract more young people and encourage current practitioners to explore the burgeoning ties between the fields.

Notice 2024-36 announces the second round of credit allocations for a program to allocate the remaining $6 billion in credits.

In recent weeks, informal advisers have floated ideas such as a proposal for a flat tax, penalties for countries that shift away from the dollar, and reforms to the Fed.

A recent survey from EY found that 90% of respondents already use at least some AI in their work, and other recent developments around the technology.

The Internal Revenue Service's Direct File pilot program officially closed Friday, after 140,803 taxpayers used it in 12 states.