The U.S. lost $510 billion in business assets that were acquired by foreign companies from 2004 to 2016 in part because its corporate income tax rate exceeds other countries’, according to a study released Tuesday by a group of top U.S. business leaders.

Senate Budget Committee member Ron Johnson said the panel is considering a budget that would allow for $1.5 trillion in tax cuts that would add to the deficit on a so-called “static” basis over the next 10 years.

Senate Republicans making one last-ditch effort to repeal Obamacare have the daunting task of assembling 50 votes for an emotionally charged bill with limited details on how it would work, what it would cost and how it would affect health coverage — all in 12 days.

Senate Republicans are making one last desperate push to repeal Obamacare but face significant challenges to get it done before a final deadline at the end of the month.

The decreasing budget and staffing of the Internal Revenue Service’s Criminal Investigation unit are leading to a decline in the number of cases that special agents are able to handle, according to a new report.

An official from the American Institute of CPAs asked the Internal Revenue Service to revise its proposed regulations for auditing large partnerships during an IRS hearing Monday.

Here’s what we know about the details of the tax reform plan: almost nothing.

The South African Revenue Service is considering instituting legal proceedings against KPMG LLP’s local unit for reputational damage after the auditing firm withdrew the conclusions of a report that was used in a police probe against former Finance Minister Pravin Gordhan and led to the removal of senior staff at the agency.

As many firms struggle with the transition to future leadership, Top 20 firm Green Hasson Janks has already announced its next-generation MP, Tom Barry, who provides insight into the firm’s succession planning process.

The IRS’s ‘Don’t Take the Bait’ campaign shares tactics for protecting client data and practitioner systems.