The Employee Retention Credit (ERC) program was initially established to help businesses retain employees during pandemic shutdowns....

The IRS has officially ended any remaining hope of revising its new guidelines for inherited individual retirement accounts (IRAs),...

The unexpected replacement of the Democratic presidential candidate less than four months before the U.S. election has introduced...

The rise of remote working, accelerated by the COVID-19 pandemic, has fundamentally altered how businesses operate, prompting a...

The Internal Revenue Service (IRS) and the Treasury Department have recently announced their plan to propose new regulations concerning...

In a significant bipartisan move, U.S. lawmakers, spearheaded by Senator Ron Wyden (D., Ore.) and Representative Jason Smith (R., Mo.),...

The Internal Revenue Service (IRS) has initiated a voluntary disclosure program targeting businesses that erroneously claimed the...

The U.S. Supreme Court's review of a significant tax case raises questions about the constitutionality of a wealth tax on America's...

The Internal Revenue Service (IRS) is working to overcome numerous challenges, a task that the extra funding from the Inflation Reduction...

Starting January 1, 2024, the Internal Revenue Service (IRS) mandates that businesses electronically file Form 8300, which reports any...

Steve Cohen, the billionaire owner of the New York Mets and Point72 Asset Management, has launched a legal challenge against the Internal...

Due to a recent software glitch, the Internal Revenue Service (IRS) accidentally issued late-filing notices to many retirement plan...

Frank Butselaar, a Dutch tax consultant with high-profile clients from the DJ and fashion worlds, is facing charges of devising a scheme...

In the final week of June, the Internal Revenue Service (IRS) released provisional guidance about the newly introduced 1% excise tax on...

Multinational corporations resist regulatory obligations to report taxes paid in each jurisdiction. Meanwhile, Australian regulators have...

The IRS's Revenue Ruling 2023-2, issued in March, significantly impacts estate planning, particularly in relation to irrevocable trusts....

The Internal Revenue Service (IRS) is taking a unique initiative by sending an additional round of mail to taxpayers in various states...

As banks impose stricter lending standards, small businesses are feeling the pressure. The task of securing new loans or preserving...

U.S. citizens, resident aliens, and dual citizens living and working overseas, as well as U.S. military personnel stationed abroad, are...

The Employee Retention Credit (ERC) was created to support businesses and their employees during the COVID-19 pandemic, offering tax...