The IRS issued a news release announcing that it has begun issuing automatic refunds to more than 50,000 taxpayers following Treasury’s clarification of the treatment of Adoption Tax Credit ...

A Texas felon was charged with running a tax scam that helped wealthy clients hide more than $1.5 billion in income from the IRS, using the proceeds to buy a 2021 Rolls Royce Ghost and make a down ...

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 ...

California billionaires are gearing up for a legal attack on the first-in-the-nation wealth tax if voters approve it in November.

President Donald Trump waived massive tariffs linked to Russian energy exports mandated in a law that he signed last month, as the measures complicated his push to lower diesel prices ahead of the US ...

The California Court of Appeal reversed a judgment upholding the City of Commerce’s increase in the waste-hauler franchise fee from 11 percent to 15 percent of gross receipts and remanded ...

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, ...

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 Court of Federal Claims Friday dismissed the remainder of Dougherty Electric Inc.'s $1.53 million refund claim for interest and penalties it paid after the owner pleaded guilty to tax evasion ...

The U.S. Tax Court held that a taxpayer was not entitled to relief from joint and several liability under I.R.C. §6015 because no valid joint return had been filed. While ...

Arizona House races in next month’s midterms could serve as a referendum on the GOP’s massive 2025 tax-and-spending law, Zach C. Cohen reports. The law’s impact on the swing state will test how and ...

The IRS asked a federal judge to dismiss a nonprofit’s First Amendment challenge to a rule requiring tax-exempt organizations to disclose major donors because there is “no constitutional right to a ...