Tax

A congressional hearing takes aim at an estate planning strategy that relies on the step-up in basis.

The agency has indicted almost 800 people for COVID fraud, and has a 98.5% conviction rate.

Reporting requirements and asset location could loom large for clients seeking greater yield and diversification without thinking through payments to Uncle Sam.

WTF CPAs has used artificial intelligence to get a jump on busy season, just in time for April 1.

Ippei Mizuhara and an alleged bookmaker are under criminal investigation by the Internal Revenue Service, the agency confirmed.

Fully 69% of registered voters in seven swing states say they favor higher taxes on billionaires, and on people who make more than $400,000 a year.

Both Donald Trump and Joe Biden have begun laying out their visions for the Tax Code.

Time is running out for nearly 940,000 individuals to claim refunds from 2020, with a May 17 deadline approaching for filing the necessary tax returns.

The Senate Finance Committee held a hearing to discuss the Biden administration's recently unveiled budget and tax proposals, as tax experts try to predict what will happen after the election.

Veteran policymakers from opposing sides of the aisle argue that the incentives for 401(k) and IRA savings should be redirected toward funding the program.