Roger Russell

The campaign is part of a larger effort by the IRS to increase its scrutiny of high-income taxpayers and large businesses to help close the tax gap.

The Bekkerman case held that California may tax a bundled cellphone at the full price as an unbundled cellphone, rather than the discounted price.

Changes in rates and rules at every level require advisors to stay on their toes.

Despite a later start, tax filing is proceeding apace — though there are some unresolved issues.

The ruling further complicates an already complicated area — the law's mandate around beneficial ownership information reporting.

While most accountants are aware of the reporting requirement, the majority of business owners are likely to be, at best, dimly aware of them.

In the wake of President's Day, and in the midst of tax season, take a minute to learn about Washington's and Lincoln's key contributions to the U.S. tax system.

Ten tax stories from the past year that may make you raise an eyebrow.

The Washington National Tax Office of Grant Thornton points out the most important state and local tax developments to keep an eye out for.

The Senate may not get to the Tax Relief for American Families and Workers Act soon enough to impact returns.

Accountants and tax pros need to take steps to protect themselves as they start the countdown to April 15.

An inside look at the Tax Relief for American Families and Workers Act of 2024 as it works its way through Congress.

It was an eventful 12 months for practitioners, with new legislation, regulations, court decisions and IRS pronouncements all impacting the tax landscape.

From estate, gift and trust work to Social Security maximization and charitable planning, there are a host of offerings firms can work on once the tax return is finished.

Practitioners have always shared advice as part of tax prep, but the future of the field is in proactive, intentional tax advisory services.

SMB organizations are calling for the Supreme Court to uphold the Tax Cuts and Jobs Act's Mandatory Repatriation Tax.

A case over repatriated earnings might open up the possibility of taxing unrealized gains.

Employee stock ownership plans allow accounting firms 'to be in control of their own destiny.'

Among other things, they may unintentionally snare mutual funds, an expert testifies.

Microsoft's recent embroilment with the IRS highlights the dangers of this tax strategy for multinational companies.