During the height of tax season, billionaire Elon Musk’s Department of Government Efficiency is reportedly aiming to centralize all IRS data around a single portal allowing...
A group of over 100 lawmakers reintroduced legislation in the House to expand and strengthen the Low Income Housing Tax Credit. Rep. Darin LaHood, R-Illinois, Suzan...
Change is not at hand; a question for brokerages; the IRS Simple Installment; and other highlights from our favorite tax bloggers. Sweet liberty Tax Vox (https://www.taxpolicycenter.org/taxvox):...
Individuals and businesses in about a dozen states that were hit by natural disasters last year will have at least a few extra weeks to file...
The 831(b) Institute, a group that advocates for micro-captive insurance providers, sent a letter to the Internal Revenue Service requesting an extension on a deadline for...
Internal Revenue Service employees are being offered a last opportunity to accept a voluntary buyout offer as the Supreme Court blocked a ruling requiring the Treasury...
President Donald Trump rejected a European Union proposal to drop tariffs on all bilateral trade in industrial goods with the U.S., meaning that his 20% tariff...
House Freedom Caucus Chairman Andy Harris says he is open to the creation of a new 40% tax bracket for those earning $1 million or more,...
Evaluating potential acquisitions is a lot like dating. You meet because someone you trust introduced you, or you saw a glowing profile of them online, or...
Trump administration officials are debating the merits of creating a new exporter tax credit, a move that offers an implicit acknowledgment of the harm that the...