Taxes

The Infrastructure Investment and Jobs Act amended the tax code to expand reporting rules on digital assets by brokers.

The government annually establishes a flat rate for certain “high-cost areas” such as New York, Chicago and Los Angeles and other major cities.

Generally, investors in activities such as real estate in which they don’t materially participate can only take deductions up to the amount of their passive income for the year.

While stress is difficult to avoid during this hectic time, practice leaders can mitigate the impact of stress on employees through rewarding employees who ...

On Thursday, 166 members voted by proxy, taking advantage of the pandemic-era policy that Republicans have vowed to end in the next Congress,

At this time of year, Congress usually addresses a number of tax law provisions that are going off the books.

The Internal Revenue Service today announced a delay in reporting thresholds for third-party settlement organizations set to take effect for the upcoming tax filing season.

This chart shows an estimated timeline for when a taxpayer is likely to receive their refund, based on information we have now, and using projections based on previous years- and depending on when a person files their return.