When a special committee of Meta board members went looking for a law firm to negotiate a new capital-raising strategy with founder Mark Zuckerberg, they needed one that hadn’t worked closely with the ...

The IRS issued a news release announcing temporary relief from reporting and recordkeeping requirements associated with tax imposed under I.R.C. §4041(a) on certain taxable uses of dyed diesel fuel.

Meta Platforms, Inc. reported a 2% effective tax rate for the first nine months of the year, reflecting the continuing impact of a big tax benefit the company recorded in April.

The IRS issued a news release announcing updated procedures for correcting retirement plan failures and a new correction program for Individual Retirement Accounts. Rev. Proc. 2026-34 expands and ...

The U.S. Tax Court held that partnerships’ conservation easement deductions required substantial reductions because their valuations relied on unrealistic development plans, allowing reduced ...

The Chilean Official Gazette Oct. 17 published Law No. 21,850, introducing tax reforms and investment incentives. The law includes measures: 1) applying a 5 percent tax rate to qualifying low-cost ...

Wyden Grills Big Four on Malta Tax Plans Senate Finance Committee ranking member Ron Wyden (D-Ore.) said Wednesday he’s launching an inquiry into the Big Four accounting firms over reports they ...

For much of the Donald Trump era, no low has been too low for what passes as political rhetoric. Posting an AI slop video of the president dropping poop on protesters from a fighter jet? That’s ...

The UK’s tax authority is inviting questions from taxpayers following new record-keeping guidance for carbon-intensive importers published in July. In a note Wednesday, His Majesty’s Revenue and ...