A Macy’s Inc. subsidiary is entitled to a $181,000 property tax abatement because the Boston suburb of Burlington, Mass., overvalued its store for three tax years, a state tax tribunal ruled in an opinion released Friday.

Opinion: Instead of shouldering Pillar Two’s burdens without enjoying material benefits, Canada should design its own side-by-side framework so that Canadian-headed groups can better compete with the US.

President Donald Trump threw cold water on a policy his administration was developing to allow savers in 401(k) retirement plans to use some of that money for down payments on homes.

Congress is on the cusp of funding all government agencies by the end of the month after the House passed its last spending bills totaling more than $1.2 trillion.

The line between tax auditors policing mere civil infractions versus serious tax crimes is blurring in the latest reorganization at the top of the IRS.

Opinion: Taxpayers should enhance international tax and transfer pricing planning to include scenario analyses cross-referencing their geographic footprint with potential unilateral or multilateral policy changes.

Maryland Gov. Wes Moore (D) proposed a budget roadmap that would conform with some federal tax provisions passed last year that give companies enhanced deductions.

Montana’s legislature violated the state constitution when it passed a property tax overhaul that included $90 million in cash rebates to voters, a trio of opposing lawmakers said in a complaint.

Top New York lawmakers are coalescing around legislation to sever the state’s tax code from business tax breaks included in the federal tax law President Donald Trump signed last July.

Health insurance for millions of Americans is shifting to state governments as officials grapple with premium surges, an approach that leaves many without coverage as Congress weighs whether to renew expired subsidies.

The line between tax auditors policing mere civil infractions versus serious tax crimes is blurring in the latest reorganization at the top of the IRS.

Opinion: Taxpayers should enhance international tax and transfer pricing planning to include scenario analyses cross-referencing their geographic footprint with potential unilateral or multilateral policy changes.

US Tax Carve-Out Beats Retaliation, OECD Business Rep Says

Indian companies would have an easier time accessing international capital if the country better matched its standards for corporate environmental, social, and governance disclosures with global rules, a new report found.

Opinion: Limitations, timing rules, and elections affect cash flow, especially in the first years after closing a deal. When these dynamics are ignored, models overstate liquidity and understate risk.

PwC said Wednesday that it will create a formal career track for its growing pool of engineers, data scientists, and software developers in a bid to better compete for a group of in-demand professionals in the AI era.

Three Washington judges seemed skeptical of a liquor wholesaler’s challenge to the state’s tax treatment of amounts it received when brands including Bacardi and Stoli revoked distribution rights.

Partners in investment funds and other partnerships have won a key court victory over whether they must pay Social Security and Medicare taxes. But the fight is far from over.

IRS CEO Frank Bisignano is putting his stamp on the agency with a slew of exits at the top and new faces friendly to the Trump administration in key roles.

Half of US states have now relaxed CPA licensing mandates, with New Jersey becoming the latest to provide a faster path to accounting careers in an effort to pad the ranks of professionals serving businesses and local governments.

Opinion: Companies should begin preparing now for the introduction of a corporate income tax in Bahrain and consider potential restructurings and reorganizations.

Tech industry attorneys are poised to challenge Chicago’s first-in-the-nation tax on social media companies, arguing that federal law preempts the novel levy.

Leftover tax items on Republicans’ to-do lists before the midterms are running into challenging fiscal and political realities.

Simplification measures in the OECD’s new global minimum tax rules are unlikely to reduce the compliance burden for companies as they determine their tax liabilities under the new system, tax professionals said.

Opinion: If the federal government is abandoning partnership enforcement, states—especially high-income states—have every reason to step in, as a pool of trained, experienced partnership auditors are suddenly available.

Opinion: Auditors and accountants shouldn’t interpret the SEC’s decline in case volume as a relaxation of standards or equate fewer IRS audits with reduced compliance obligations.

New York Gov. Kathy Hochul (D) will unveil a $260 billion budget plan on Tuesday without any proposed increases to the state’s personal income and corporate tax rates, according to the state budget office.

Lawmakers are seeking to ax nearly $12 billion more in IRS funding in a bipartisan spending plan released early Tuesday morning.

A California bill that would have taxed social media platforms’ gross receipts from digital advertising to fund programs related to youth mental health stalled out in committee.

StubHub Inc. is responsible for $8.5 million in sales tax because the company is a “seller” under state law, a Wisconsin appeals court held.

China is intensifying efforts to tax its citizens’ mountain of undisclosed overseas assets as authorities attempt to plug a widening budget deficit.

A federal district court properly rejected Express Scripts Inc.‘s request for nearly $77 million in tax refunds over three years because the company’s software doesn’t qualify as a domestic production activity, the Department of Justice told an appellate court.

The IRS and the Treasury Department issued guidance to implement the “bonus depreciation” tax break on capital spending that was enacted last July as part of the GOP’s big tax-and-spending bill.

Opinion: If the OECD’s new Pillar Two “side-by-side” agreement with the US works as intended, it will constrain rather than preserve congressional sovereignty over domestic tax laws.

Uber Technologies Inc. is offering investors a new way of measuring the profitability of its business units.

Opinion: The IRS's new online platform for filing information returns will require taxpayers to maintain their own software or hire a trusted vendor to help navigate all the changes and business rules.

Recent OECD Pillar Two guidance introduces new safe harbours for global minimum tax implementation, offering simplification for some multinational groups while maintaining complexity for others.

Opinion: Changes to qualified small business stock thresholds will redefine planning and corporate strategy in 2026, offering incentives and competitive advantages.

States are having second thoughts about the billions in tax breaks they've offered to lure new data centers amid the race to dominate AI. Ohio lawmakers want to scrap its generous sales tax exemption.

At least one Minnesota Supreme Court justice appeared skeptical Monday that the state’s felony tax evasion law requires a meaningfully different criminal intent than its misdemeanor counterpart.

A California bill that would have taxed social media platforms’ gross receipts from digital advertising to fund programs related to youth mental health stalled out in committee.

Opinion: Congress should let the motorsports entertainment complex depreciation break, also known as the NASCAR tax break, go the way of the dodo bird.

Professional services firm Baker Tilly International’s global revenue surged more than 20% in 2025, driven by a US private equity-backed merger, with plans to grow even faster in the next five years.

StubHub Inc. is responsible for $8.5 million in sales tax because the company is a “seller” under state law, a Wisconsin appeals court held.

Entrepreneurs are mulling restructuring to take advantage of a GOP tax law provision that made a capital gains break long favored among Silicon Valley startups more lucrative.

Opinion: Businesses can take several key steps to determine how AI-generated content should be handled in transfer pricing.

China is intensifying efforts to tax its citizens’ mountain of undisclosed overseas assets as authorities attempt to plug a widening budget deficit.

A federal district court properly rejected Express Scripts Inc.‘s request for nearly $77 million in tax refunds over three years because the company’s software doesn’t qualify as a domestic production activity, the Department of Justice told an appellate court.

The IRS and the Treasury Department issued guidance to implement the “bonus depreciation” tax break on capital spending that was enacted last July as part of the GOP’s big tax-and-spending bill.

Opinion: If the OECD’s new Pillar Two “side-by-side” agreement with the US works as intended, it will constrain rather than preserve congressional sovereignty over domestic tax laws.