Stocks slipped in the runup to Nvidia Corp.’s earnings, a key test for market stability after concerns over lofty valuations sparked a selloff that erased about $1.6 trillion from global equities.

Former lobbyist Jack Abramoff, whose 2006 conviction in a high-profile tribal casino lobbying scandal sparked industry reform, was sentenced Tuesday to three-years of federal probation for his involvement in a separate cryptocurrency fraud.

Databricks Inc.is in talks to raise funds at a valuation north of $130 billion, the Information reported, underscoring persistent interest in the providers of AI tools despite growing warnings of an industry bubble.

B. Riley Financial Inc. filed its long-delayed report for this year’s first quarter showing a loss of $12 million instead of the profit the firm had estimated earlier.

Senator Todd Young is urging the IRS to review and reconsider earlier guidelines on the tax treatment of rewards cryptocurrency owners collect in exchange for “staking,” or locking assets on a blockchain network to aid its operation and validate transactions.

Cravath Swaine & Moore is giving junior lawyers up to $140,000 in bonuses, kicking off flurry of moves by competitors.

Developed and developing countries were divided Tuesday on whether a new United Nations tax treaty should include arbitration as a potential tool to resolve tax disputes.

State and local governments could lose out on billions of dollars in tax revenue as a result of deep cuts to the IRS enforcement budget and mass departures of agency officials, a tax policy researcher told state administrators Tuesday.

Senator Todd Young is urging the IRS to review and reconsider earlier guidelines on the tax treatment of rewards cryptocurrency owners collect in exchange for “staking,” or locking assets on a blockchain network to aid its operation and validate transactions.

The primary owners and operators of two illegal gambling businesses in Ohio and an associated tax-evasion scheme failed to overturn their convictions and sentences on appeal.

Cravath Swaine & Moore is giving junior lawyers up to $140,000 in bonuses, kicking off flurry of moves by competitors.

A top business group is urging Canada’s highest court to overturn two lower court rulings defending the Canada Revenue Agency’s treatment of loss carrybacks, calling the decisions “absurd” and harmful to Canada’s international competitiveness.

A multistate initiative amending decades-old rules governing the tax treatment of new forms of airline revenue, including credit-card points and in-flight food sales, achieved preliminary support from state tax administrators Tuesday.

The Pennsylvania Governor signed legislation amending the Public School Code. The law includes: 1) increasing from $540 million to $590 million the maximum total aggregate amount of all Educational Improvement ...

State and local governments could lose out on billions of dollars in tax revenue as a result of deep cuts to the IRS enforcement budget and mass departures of agency officials, a tax policy researcher told state administrators Tuesday.

The Pennsylvania Governor signed omnibus legislation amending the fiscal code to implement the Fiscal Year 2025-2026 budget. The law includes: 1) providing that any amount received by a Holocaust survivor ...

The Michigan Department of Treasury issued a Revenue Administrative Bulletin, updating and replacing an earlier bulletin, which discusses the penalty provisions applicable to accelerated sales and use tax filers. [Mich. ...

The New Jersey Division of Taxation announced that nonresident athletes, entertainers, or performers who perform services or participate in an event occurring in the state may be subject to the ...

B. Riley Financial Inc. filed its long-delayed report for this year’s first quarter showing a loss of $12 million instead of the profit the firm had estimated earlier.

Michael Selig, tapped by President Donald Trump to lead the Commodity Futures Trading Commission, is regarded by his colleagues as a tech-savvy lawyer prepared to tackle the agency’s expanding crypto mission, even with other vacancies lingering at the top and perennial funding challenges.

A top business group is urging Canada’s highest court to overturn two lower court rulings defending the Canada Revenue Agency’s treatment of loss carrybacks, calling the decisions “absurd” and harmful to Canada’s international competitiveness.

Accounting for cryptocurrencies is among a handful of topics that global standard-setters want to tackle next after they complete pending projects.

The Russian fintech company formerly known as Qiwi PLC defeated allegations it misled US investors over its regulatory compliance and recordkeeping before failing an audit in 2020.

American Airlines Group Inc. investors can’t proceed with a proposed securities fraud class action alleging the airline misled them about an unsuccessful push toward website-based corporate bookings, a federal court ruled.