Congress has been extremely busy, with both bodies passing budget resolutions. However, they have passed very different budget resolutions, according to Marc Gerson, former chief tax...
Small businesses may have been caught unawares by the earlier tax deadline for filing their taxes amid all the upheaval at the Internal Revenue Service this...
The continuing resolution that the Senate narrowly approved last Friday and President Trump signed on Saturday included a $20.2 billion cut in the Internal Revenue Service’s...
For clients with highly appreciated assets aiming to transfer part of their holdings to an heir in a tax-efficient way while giving to a nonprofit, charitable...
Enjoy complimentary access to top ideas and insights — selected by our editors. Between multiple waves of layoffs and legislative efforts to pull back more than...
Imagine a tool so integral to your daily routine that it becomes second nature in your professional life. Generative AI has done that for investment accounting....
Enjoy complimentary access to top ideas and insights — selected by our editors. I write about what I did that was successful. It is my way...
President Donald Trump signed a stopgap funding bill that will keep the government open for the remainder of the fiscal year, paving the way for Republican...
The Internal Revenue Service’s acting chief counsel, William Paul, has been reportedly removed from his role at the agency and replaced by Andrew De Mello, an...
The threat of a government shutdown appears to be receding Friday, but the IRS would nevertheless still operate during tax season, even at lower capacity, in...