Legislation
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‘Unpredictable’ Election Clouds Tax and Economic Policy View
Sanders May Bring His Populist Brand to Powerful Senate Finance Committee
Accountant Gets Jail Time For Charging $3 Million on New Jersey Employer’s Credit Card
New Jersey Joins IRS Direct File For 2025 Filing Season
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IRS Chief Not Too Worried About Fallout From Loper Bright Ruling
Danny Werfel said he's "fairly optimistic" the Supreme Court ruling won't deter future efforts to provide better taxpayer services.
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IRS Releases Initial Guidance on Carbon Sequestration Tax Credit
Notice 2024-60, issued by the IRS on July 24, details how taxpayers can claim the credit for the sequestration of carbon oxide.
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Opinion: Some of Trump’s Tax Cuts Worked, But at What Cost?
Donald Trump’s 2017 Tax Cuts and Jobs Act was the biggest corporate tax cut in U.S. history. But how has it affected the economy?
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Proposal Would Target Tax Breaks for Landlords and Rent Hikes in New Housing Plan
A proposal by the president to make housing more affordable would involve rent control caps and significant tax changes.
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Why Small Businesses Need This 2017 Tax Cut to Continue
Small businesses are about to face a tax hike that will hurt workers and weaken communities if Congress does not take action.
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IRS Has Raked In More Than $1 Billion in Back Taxes From the Rich
The agency has launched several initiatives targeting wealthy individuals and large companies in an effort to close the tax gap.
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IRS Issues FAQs About Clean Fuel Production Credit Registration
These FAQs address which entities must apply for registration for the tax credit pursuant to Notice 2024-49, which the IRS issued in June.
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TCJA: Newer Crop of Tax Writers Prepares to Take on 2017 Tax Law
Lineup changes on the House Ways and Means and Senate Finance panels pose challenges and possibilities in extending tax cuts.