Bannon plan to tax wealthy is said to be considered by GOP

White House chief strategist Steve Bannon’s plan to raise the top income-tax rate for America’s highest earners could find some support among congressional Republicans as part of a populist message to sell a broader tax overhaul, according to one conservative lawmaker who has heard the proposal.

Ryan gives up on border-adjusted tax on imports after attack

Republican leaders conceded on Thursday that the border-adjusted tax doesn’t have the support to continue to be part of negotiations to overhaul the tax code.

AccountantsWorld recruits Jay Abraham to create growth strategies for firms

The marketing guru will create tools focused on helping firms expand their practice and profits.

Small Business Health Care Tax Credit claims decline precipitously

The Internal Revenue Service has been doing a better job of processing and reviewing claims for Small Business Health Care Tax Credits, according to a new report, though the number of small businesses claiming the Obamacare credit has declined precipitously.

IRS rehired hundreds of fired employees

The Internal Revenue Service rehired more than 200 employees with previous conduct or employment issues, according to a new government report.

GOP pledge to torch Obamacare veers toward bare-bones repeal

Senate Republicans might eliminate just a few pieces of the landmark health-care law.

AICPA releases sustainability attestation guide

The American Institute of CPAs has issued a new guide to help accountants provide assurance on their corporate clients’ environmental information.

GOP tax planners to offer a glimpse of their work this week

Congressional leaders and Trump administration officials have been meeting in secret to try to reach a united front for rewriting the U.S. tax code.

Obamacare repeal fails early in Senate's health-care debate

The Senate rejected a simple repeal of Obamacare on Wednesday, still in the early stages of an unpredictable floor debate on health care amid significant doubts that Republicans can muster the 50 votes needed to pass any kind of bill.

IRS union fights proposed budget cuts

The head of the National Treasury Employees Union, which represents Internal Revenue Service employees, is asking Congress not to cut the IRS budget again.