Tax

The change would come as part of the first big amendments to Circular 230 since 2014.

The IRS is reminding those who received filing relief that they likely have to file by Feb. 3 or May 1.

Every state levies property taxes, but some states have high or complex property tax structures, making them less competitive.

Wealthy clients and other accredited investors should consider drilling deductions, opportunity zones and 1031 exchanges in 2025, an expert says.

Johnson said the massive bill would address issues such as border security, including money for the mass deportations of undocumented immigrants; and an extension of the 2017 Trump tax cuts.

The president-elect has announced members of his senior leadership team at the Treasury, who'll work alongside Scott Bessent, his pick for secretary.

EV sales grew 12% in the fourth quarter of 2024, pushing the full-year total to a record 1.3 million.

Heavy metal; with a side of alimony; Landing in jail; and other highlights of recent tax cases.

Thomson Reuters acquired cPaperless, doing business as SafeSend, for $600 million in cash to expand its tax and accounting offerings.

The worsening talent shortage and new policies from the Internal Revenue Service top the list of the stories our readers flocked to.