The IRS's capacity to prevent big multinational corporations from avoiding income taxes is facing a generational crisis.

Register for Webinar As the dust settles on the so-called “One Big Beautiful Bill Act,” states are beginning to ...

But despite initial optimism from sponsors and child welfare advocates, Republican proposals in Indiana and Ohio did not advance ...

Democratic lawmakers introduced identical bills in the House and Senate to tax billionaires earlier this week, resurrecting a proposal ...

The tax code is becoming more chaotic and less fair.

Local and state governments receive funds from fines and fees paid by people and businesses who have been charged with various offenses. These supplement tax revenues. Such financial penalties are ...

Most businesses are not liable for corporate income tax on their profits. Instead, federal and state tax laws allow them to choose a structure such as partnerships, sole proprietorships, and ...