Telecommunications company Liberty Global asked for a win without a trial in its $109 million challenge to federal regulations that it says run contrary to a portion of the 2017 tax law.

The White House’s concessions are piling up on President Joe Biden’s social-spending plan -- including climate, education and childcare provisions -- as negotiations continue into the weekend.

Employers generally won’t jeopardize their pension plan tax breaks if they rehire retirees or allow distributions of benefits to current workers who have reached retirement age, the Internal Revenue Service said Friday.

A global mining giant’s Canadian subsidiary can’t remove millions in fees from its taxable income that it received as part of failed acquisition negotiations made decades ago, a court ruled.

Our Spotlight series highlights the careers and lives of tax professionals across the globe. This week’s spotlight is on Garreth Collard, a property accountant who returned to accounting over a decade ago, specializing in rental investment property.

This week in state tax news: New wrinkles emerged in the federal lawsuit challenging Maryland’s digital advertising tax, Pandora Papers-named states felt some pressure from the European Parliament, and the Illinois Supreme Court tossed a county tax on guns and ammunition.

Cryptocurrency investors who receive a “nudge” letter from the U.K. about making tax payments should take them seriously, as ignoring them may carry serious penalties, tax advisers warn.