Tax Strategies

Senator Joe Manchin threw more cold water on the president's spending plans after inflation spiked to a 7.5% in January, the highest rate in four decades.

Congress is asking questions about the high salaries paid to college football coaches at some top schools that receive tax exemptions from the Internal Revenue Service.

These will offer tremendous tax-saving opportunities in the year ahead, but many people don’t take full advantage of them.

Here are some questions to consider while working on tax returns for your business clients with growth strategies.

The Golden State is poised to restore corporate tax breaks and extend its workaround for the federal cap on deductions for state and local taxes.

The service is working on text bots and chat bots to improve access, and managing issues around the ACTC and EIPs.

The House speaker cast doubt on a drive by progressive Democrats to get some version of President Biden’s agenda through Congress by March 1.

Things are going to get difficult, and practitioners shouldn’t expect help from the IRS, experts warn.

There may be a silver lining for crypto investors selling at huge losses during the recent market turmoil.

A Tax Court case illustrates the complexity of deciding when, exactly, a business becomes a good concern in the eyes of the IRS.