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The Internal Revenue Service issued a revenue ruling that aims to prevent abuse of stepped-up basis adjustments in irrevocable grantor trusts.
March 30
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Football clubs in England's top division have been accused of avoiding tax on an industrial scale, with the Premier League alone accounting for £470 million ($582 million) in lost taxes since 2015.
March 30
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The cash-like instruments have garnered hundreds of billions of dollars since the banking crisis began.
March 28
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The service lays out what can — and what can't — be paid for with medical savings accounts when it comes to nutrition, wellness, general health and more.
March 17
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Practitioners are mostly advising clients to 'wait and see' what happens with tax legislation.
March 16
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The new Internal Revenue Service commissioner, Danny Werfel, got right to work Monday only days after being confirmed by the Senate.
March 13
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The Treasury Secretary defended the extra investment in the IRS, arguing it is already paying off and that taxpayers are getting "drastically improved customer service this year."
March 10
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President Joe Biden is proposing a series of tax increases on investors and top-earning Americans in his annual budget request to Congress.
March 10
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The department detailed the tax provisions in the Biden administration's newly released budget plans for fiscal year 2024 on Thursday.
March 9
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The White House plans to target a series of high-profile tax breaks worth tens of billions of dollars for wealthy investors and corporations.
March 9
