Roger Russell

In a case of first impression before the Delaware Chancery Court, the defense of in pari delicto was applied in favor of an auditor/accounting firm to defeat claims brought by the receiver of several insolvent insurance companies.

“The business tax system today is inefficient, overly complex, and too riddled with loopholes,” said Mark Mazur, assistant secretary for tax policy at the U.S. Department of Treasury.

It’s no surprise that tax rates affect economic behavior.

As the pace of serious discussions on tax reform picks up, it is evident that small businesses and global multinationals are making their voices heard, while the middle market is getting lost in the shuffle.

Uncovering the multiple ways that your firm is vulnerable to liability claims

A recent Tax Court case found a taxpayer liable for a trust fund recovery penalty over the unpaid employment taxes of a partnership of which he was no longer a partner.

As we get into the final stretch of filing season, it is fulfilling the predictions made at the start.

Although Republicans are outlining a proposal to provide an “off ramp” for states and consumers to exit the Affordable Care Act, and the Supreme Court is hearing oral arguments on a legal challenge to the federally-operated health exchange, state exchanges have been up and running.

If a taxing entity changes its tax law to retroactively include a transaction, should the hapless taxpayer be bound by the new rule?

A federal appeals court has sided with the Internal Revenue Service in a case involving a war resister who refused to pay taxes.

Selling an accounting practice is a once-in-a-lifetime experience for most practice owners. There is much time, energy and money invested in an accounting practice, so finding the right buyer is crucial. Since it is such a rare event, sellers should be educated about some of the key misconceptions about the process.

Although tax reform remains a top priority for the business community, tax executives are not optimistic a bill will reach President Obama’s desk this year.

Tax reform, if it happens in the next two years, will occur in incremental steps rather than as a comprehensive package.

Properly classifying workers is a growing issue

Tax business is booming this season, and problems are rarer than ever

The U.S. Supreme Court decided unanimously Tuesday that the Direct Marketing Association, a trade association of retailers, was not barred by the federal Tax Injunction Act from bringing a suit against the Colorado Department of Revenue attacking Colorado’s notification and reporting requirements for non-collecting retailers of sales tax.

The major challenges facing the IRS today are its budget situation, which affects both service and enforcement, IRS commissioner John Koskinen told the Tax Section of the New York Bar Association.

It takes a heap o’ living just to make a house a home, as the old poem teaches. In Joel Evans’ case, he did enough living in two houses in Louisiana to make the U.S. his tax home.

The American Bar Association Section of Taxation has created a Tax Assistance Public Service endowment fund that will provide stable, long-term funding for the ABA’s tax-related public service programs for underserved taxpayers, including low-income people, military personnel and disaster victims.

Although many corporate tax and accounting departments are preparing for the March deadline, mistakes related to tax and accounting cost U.S. businesses billions each year.