Opinion: Early preparation and clear communication with employees and payroll providers are critical to retroactively enacting the new "no tax on tips” and “no tax on overtime” changes to the tax code.

Chicago Mayor Brandon Johnson wants to close nearly half of next year’s $1.19 billion deficit with new or higher taxes on large corporations, big tech companies and the rich.

A federal judge threw out a defamation lawsuit filed by two IRS agents against Hunter Biden’s attorney, finding that the lawyer’s statements were constitutionally protected opinions.

Bipartisan bickering is center stage in the Capitol as the government shutdown drags on with no visible negotiations underway to end it. But despite the lack of public progress, a steady series of quiet, behind-the-scenes talks have kept the lines of communication open between senators and could help to eventually spark a resolution.

An Israeli businessman fighting global intangible low-taxed income regulations scored a partial win after a federal judge in Washington, DC, allowed his company to proceed with the case.

EU officials affirmed the OECD’s framework to reallocate corporate profits as the best chance of enforcing an effective tax on digital services.

President Donald Trump’s campaign promise of a tax break on overtime enjoys wide support, but implementation has been a slow roll and is spurring confusion for businesses and workers ahead of next year’s filing season.

Business groups have largely reviled Los Angeles’ “mansion tax,” but as California state lawmakers prepare to weigh in with new legislation, some are skeptical that will fix the problem.

California Gov. Gavin Newsom (D) vetoed Monday a bill that sought to create a new financing tool to help property owners sell their damaged homes after a disaster.

The UK tax authority can make use of a wide range of international tools to combat tax evasion and tackle the tax gap.

Race tracks, film studios, and other businesses are in line to face higher taxes next year if lawmakers are unable to bridge the partisan rift widening on Capitol Hill.

Ernst & Young on Wednesday reported steady 4% revenue growth in 2025, buttressed by a surge in demand for tariff support and AI services.

KPMG has cut 195 people from its US audit business to counter low employee turnover rates and changes in how it conducts its core business.

Akron unlawfully assessed municipal income tax on a non-resident’s settlement with her former employer based in the city, the worker told an Ohio appeals court.

President Donald Trump’s campaign promise of a tax break on overtime enjoys wide support, but implementation has been a slow roll and is spurring confusion for businesses and workers ahead of next year’s filing season.

Race tracks, film studios, and other businesses are in line to face higher taxes next year if lawmakers are unable to bridge the partisan rift widening on Capitol Hill.

Opinion: Despite reducing taxpayers' compliance burden, the IRS's retraction of proposed corporate spinoff regulations doesn't mean the government has abandoned efforts to establish more stringent rules for certain issues.

Tax advisers caution the European Commission’s aim to simplify its tax code may be complicated by proposed provisions to curb tax avoidance via shell companies.

The body that sets global financial accounting and sustainability reporting rules risks more severe cutbacks and growing corporate influence if it can’t secure long-term funding.

Business groups have largely reviled Los Angeles’ “mansion tax,” but as California state lawmakers prepare to weigh in with new legislation, some are skeptical that will fix the problem.

California Gov. Gavin Newsom (D) vetoed Monday a bill that sought to create a new financing tool to help property owners sell their damaged homes after a disaster.

DirecTV LLC, Dish Network Corp., and Sling TV LLC need not pay a Missouri video service providers fee because an amendment to the state law clarified the companies were never subject to the fees in the first place, a state appeals court held Tuesday.

Race tracks, film studios, and other businesses are in line to face higher taxes next year if lawmakers are unable to bridge the partisan rift widening on Capitol Hill.

Opinion: Tax professionals should use digital options when available, document steps taken to comply with filing requirements, and remain patient during an uncertain period for the IRS.