Following considerable cuts to its enforcement workforce, the US's Internal Revenue Service (IRS) plans to use AI to supplement its ability to collect taxes from US citizens.

An Indiana tax preparer has been sentenced to 18 months in federal prison for filing 382 falsified federal tax returns on behalf of clients. Federal prosecutors said those clients were unaware that ...

Beneficiaries of these tax-advantaged accounts will undoubtedly welcome the windfall, but will also need to manage these ...