The Treasury and the service are seeking public comments on the proposal.

Most chief audit executives are confident in their organization’s ability to identify and assess emerging or unusual risks, according to a new report, but management is all too often caught off guard by new risks.

Ten key attributes separate them from the pack.

In a 7-2 decision, the justices held that a railroad’s payment to an employee for working time lost due to an on-the-job injury is taxable compensation.

Watch out, Wall Street. Democrats, who have so far focused on plans to tax the super-rich, are turning their sights to capital markets.

New tax incentives might not be enough to convince Corporate America to expand its U.S. operations beyond what it was already planning.

The widow of Quadriga Fintech Solutions Corp. founder Gerry Cotten spent C$300,000 ($225,000) to help the shuttered cryptocurrency exchange secure court-approved protection from creditors, keeping clients owed millions at bay. Now she’s looking to be repaid.

Education Secretary Betsy DeVos is riding to the rescue of a private-school tax break that was ensnared in a bitter fight between the Treasury Department and Democratic states that sought to circumvent caps on state and local deductions under the Trump tax overhaul.

Execs in a new BDO survey don’t see the economy staying strong beyond two years.

IRS guidance for on deductions for passthrough entities answers many questions — but raises still others