The U.S. tax code does not allow taxpayers to deduct penalties assessed by the Internal Revenue Service. However, they may ...

Family plot; past and present; fat chance; and other highlights of recent tax cases. Princeton Junction, New Jersey: Former accounting professor Gordian A. Ndubizu has been sentenced to two years in ...

Republicans have proposed trillions of dollars in tax cuts that are all but impossible to make permanent with the party's ...

In Brief Under the direction of CPA Evolution Initiative the new Uniform CPA Examination has updated to test more rigorously ...

A Mercer County pharmacy owner and accounting professor who was convicted of tax evasion last year was sentenced Monday to ...

Managing fringe benefits and entertainment expenses correctly can save your business money and ensure compliance with tax laws.

Lost invoices, tax panic, and overpaying suppliers? Classic. Get 90% off QuickBooks and stop winging it with your accounts.

The Internal Revenue Service hasn’t issued comprehensive guidance on how the estimated 27 million Americans earning income as ...

A controversial budget tactic is gaining steam on Capitol Hill that would make Donald Trump's first-term tax cuts permanent while making room for additional tax break pledges he made on the campaign ...

President Trump and his Republican allies in Congress aim to extend the expiring provisions of the Tax Cuts and Jobs Act. But ...