Tax

The man underreported to his return preparer the actual amount of income he received from the sale of his stock, which was worth $4.1 million.

NFTs grew out of blockchain, a decentralized, “peer-to-peer network that sits on top of the internet.” Blockchain emerged in ...

It also includes significant tax changes, although a tougher international tax regime and a controversial “millionaire’s tax” are notably missing from the final version of the bill.

Businesses required to collect and remit sales tax in multiple states have a hard row to hoe. Keeping track of changing sales tax rates, online sales tax requirements and ...

Plan affects healthcare and energy costs, imposes a minimum corporate tax, cuts down carbon emissions, and allows Medicare to negotiate drug prices.

To help lighten the load and setup for success, many firms have turned to outsourcing. Essentially, outsourcing is when a business hires a third party to provide services or complete certain tasks for the business.

What used to be a longshot of being chosen, now has business leaders working to be audit ready at any time.

While almost all states offer a Voluntary Disclosure Agreement (VDA) program, issues that qualify for inclusion in these programs vary widely, according to Bloomberg Tax & Accounting’s 22nd annual Survey of State Tax Departments.

As of this year, companies must deduct their domestic R&D expenses over five years instead of all upfront, making the tax break less lucrative.

Ecommerce has enabled millions of small and midsize businesses to tap into the global market. This presents enormous opportunities. It can also create a world of tax requirements.

Lawmakers are increasingly turning to sales tax holidays with unprecedented scope and duration. For example, Florida added five tax-free holidays, ranging from tools for ...

Fewer companies this year rated themselves as either “optimized” or “predictive,” the highest stages of development with fully integrated, enterprise-wide automation ...

Parker is accused of a $2 million scheme, and prosecutors say she used nearly $14,000 of those proceeds for beast augmentation surgery and liposuction.

Ricker succeeds Kate Barton, who will take on a new role helping to guide the organization and lead additional projects for the Office of the Chairman, having served the full four-year tenure as EY Global Vice Chair - Tax.

Prosecutors say they used unreported income to fund a lavish lifestyle that included multiple luxury vehicles, expensive watches, investment accounts and real estate.

It just got a little easier for wealthy families to benefit from a favorable estate tax break. In a new ruling, the IRS has extended the time for making the simplified ...