Prime Minister Mark Carney said he spoke with President Donald Trump and both sides would work on a “mutually beneficial” US-Canadian trade deal in the weeks ahead.

The tallest office building in Portland, Oregon, sold last year for $45 million — an 87% discount to when it last changed hands more than a decade ago. The city’s biggest mall closed after going into ...

IRS rules revamping how an affiliated group of companies can file consolidated tax returns that include both life and nonlife insurance businesses are “very far along,” an official said.

New York projected the budget deficit will narrow by $3.5 billion next year as the state expects a boom in trading and borrowing to deliver record profits to Wall Street and stronger bonus payments to ...

The Indiana Department of Revenue (DOR) adopted a final rule amending and repealing various provisions regarding tax administration. The regulations include: 1) extensions of time to file tax returns ...

The U.S. District Court for the Southern District of Florida held that prosecution for possession of unregistered short-barreled rifles could proceed because the federal savings clause preserved ...

Oct. 22 issued an Advocate General opinion for Case No. C-497/25, on the tax dispute resolution mechanism under EU Directive 2017/1852. The taxpayer, a ...

A blockchain technology group is asking the Illinois Department of Revenue to exempt peer-to-peer cryptocurrency trading platforms from tax collection and computation duties under the state’s first-in ...

The IRS has published a private letter ruling on I.R.C. §170 addressing contribution deductions for donations to the taxpayer, concluding that donors generally cannot deduct contributions and that the ...

The IRS has published a private letter ruling on I.R.C. §6033 and Treas. Reg. §1.6033 exempting the taxpayer from filing Form 990, Return of Organization Exempt from Income Tax, based ...

The U.S. Tax Court held that a partnership’s conservation easement deduction was limited to $500,000 because its mining-based valuation lacked credible support and sustained a gross valuation ...

The IRS has published a private letter ruling on Treas. Reg. §301.9100 and I.R.C. §2056 granting the taxpayer an extension through the filing date of the supplemental Form 706 to ...