The US is on track to install record amounts of clean energy this year and next as developers race to claim expiring federal tax credits and as soaring data-center electricity demand stimulates growth ...
The IRS announced temporary federal excise tax relief for dyed diesel fuel sold for use or used on highways nationwide. For the period from October 1 through December 31, 2026, ...
The UK tax system needs a systemic overhaul at a time of rapidly changing technology and business practices, a national accounting body said Friday. The Institute of Chartered Accountants in England ...
The UK government disputed a Thursday report that found spending on the Big Four accounting and advisory firms had surged this year, saying that plans to slash spending on consultants were on track.
The IRS asked a federal judge to dismiss a nonprofitโ€™s First Amendment challenge to a rule requiring tax-exempt organizations to disclose major donors because there is โ€œno constitutional right to a ...
Last Chance for Tax Legislation? Sen. Bernie Moreno (R-Ohio) is urging Republican senators to remain in session through the lame duck period to pass a hefty budget reconciliation bill covering the ...
Justice Department and IRS officials on Wednesday lauded the success of their new strategy to combat tax fraud as the agencies look to show gains after the creation of a fraud-focused office.
The IRS wonโ€™t charge a penalty when dyed diesel fuel is used on highways, implementing an executive order meant to the lower costs for frequent diesel users.
Spainโ€™s Supreme Court has agreed to examine the limits of tax authoritiesโ€™ power to invoke rules on sham transactions to attribute income from cross-border fund management to a Spanish company.
The crypto industry is pushing back on Germanyโ€™s plans to abolish its tax-free regime on cryptocurrency gains, saying it will cause the asset to be treated unequally compared to other investments and ...
The IRS proposed rules Wednesday to amend eligibility and computation of the tax credit that lowers health insurance premium costs.
The U.S. Court of Appeals for the 7th Circuit held that a taxpayer made and subscribed false tax returns under I.R.C. §7206(1) by signing authorizations under penalty of perjury permitting ...