Senate Finance Committee Democrats are pressuring IRS Commissioner Frank Bisignano to remove a proposed citizenship status question from the draft Form 1040 for the upcoming tax year, in a letter ...

Premier Giorgia Meloni’s government will pare back defense spending in a late change to the budget as it seeks to shrink Italy’s deficit, according to people familiar with the matter.

Illinois is moving to postpone compliance with its first-in-the-nation tax on digital assets by six months under an agreement with a cryptocurrency trade group that had filed a constitutional ...

New Jersey’s regulations expanding income tax obligations to out-of-state online merchants don’t exceed the state’s authority under federal law, the state tax court ruled Thursday. The New Jersey Tax ...

A federal judge won’t allow the Justice Department to revive a $2.4 million tax penalty against a foreign debt investor because the IRS had previously abated it.

Healey has invited bosses from banks including Barclays Plc, HSBC Holdings Plc and Lloyds Banking Group Plc to the meeting, according to people familiar with the matter, who asked not to be identified ...

Finland’s finance ministry proposed two pieces of tax legislation Thursday to broaden the tax exemption for investment funds and ease the compliance burden for corporate restructurings.

The U.S. District Court for the Eastern District of New York held that it lacked subject matter jurisdiction over a taxpayer’s claims challenging IRS levies on his financial accounts because ...

The U.S. Tax Court held that a taxpayer had $16,027 in unreported wage income for 2021. Still, it lacked jurisdiction to determine whether she was entitled to a disputed $3,000 ...

The U.S. District Court for the Eastern District of California held that the United States timely filed an action to reduce a married couple’s 2007 federal tax assessments to judgment ...

RSM is considering an initial public offering as it holds out selling to private equity firms, the Financial Times reports, citing unnamed people familiar with the matter. No final decision has been ...

The Treasury Department and IRS released proposed rules Thursday on a new tax credit meant to support access to private schools.