The reconciliation bill passed by the House on May 22 is currently being considered by the Senate and will likely undergo ...

In this episode of Tax Notes Talk, Tax Notes Capitol Hill reporters Cady Stanton and Katie Lobosco discuss the final version of the House’s reconciliation bill and what’s next as the legislation heads ...

The returns claimed residential energy credits, business losses, educational expenses and student loan interest that didn't ...

Businesses should take a proactive stance on compliance and implement the tools and internal protocols necessary to meet ...

Thomson Reuters announced its entry into the agentic AI arena with CoCounsel for tax, audit, and accounting professionals, ...

A business owner in Solano County is facing multiple federal charges for allegedly not paying more than $2 million in trust ...

Even after a tax debt is resolved, the financial damage can linger. Public records like tax liens (when reported) and collection actions can remain on credit reports for years. And if a taxpayer ...

In the tax and accounting world, deferred revenue refers to the payments a business receives from its customers before they're actually earned, meaning the prepaid goods and services haven't been ...

Do Nonprofits Pay Federal Excise Tax Surcharges?. The Internal Revenue Service requires... How to Establish Business Credit for Nonprofits. Setting up a nonprofit organization is... Regardless of ...