Practice management

Starbucks Corp. and a Fiat Chrysler Automobiles NV unit must each pay as much as 30 million euros ($34 million) in back taxes after the European Union said they were handed illegal fiscal deals by the Netherlands and Luxembourg.

The impact of the Organization for Economic Cooperation and Development’s Base Erosion and Profit Shifting action plan is still unclear, but tax executives are planning ahead for changes on the international tax front.

The Internal Revenue Service met with a group of state tax administrators and tax industry leaders Tuesday to discuss additional steps they are taking for next tax season to strengthen safeguards against identity theft and tax refund fraud.

This is my 100th Art of Accounting column and I cannot believe it. When I started I was hoping I would be able to write 25 or 30 such articles. I have now reached 100 and still have plenty more to go.

The Internal Revenue Service has recently updated its Entertainment Audit Technique Guide to help tax professionals when reporting various items related to the entertainment industry.

Sageworks plans to add an Electronic Tax Return Reader as an enhancement to its ProfitCents and Valuation software.

If the House Republicans' Benghazi investigation craters after former Secretary of State Hillary Clinton's testimony this week, the chamber's right-wing caucus has a sequel in mind: attempting the second impeachment of an executive branch appointee in 226 years.

Some of our favorite recent tax fraud cases.

Let’s face it. Whether we are talking about water (especially in California), oil or time, we are all unfortunately limited by the resources available at our disposal.

PitBullTax Software has released version 3.0 of its tax resolution software for tax professionals.

Presidential candidate Donald Trump tweeted a pair of photos Thursday of him signing a humongous tax return in time to meet the October 15 deadline for tax extensions.

The Internal Revenue Service said Friday it has collected more than $8 billion from its Offshore Voluntary Disclosure Programs as more than 54,000 taxpayers have come forward to tell the IRS about previously hidden foreign assets.

The year 2017 is expected to be the time when Congress will finally enact tax reform, according to a new poll.

Thomson Reuters has released two tax research products to help multinational companies deal with the proposed changes in global tax regulation envisioned in the Organization of Economic Cooperation and Development’s Base Erosion and Profit Shifting Action Plan.

Republican presidential candidates John Kasich and Rick Santorum have released their tax reform plans.

Thirteen self-study CE seminars filmed at the 2015 IRS Nationwide Tax Forums are now available online with interactive videos, PowerPoint slides and transcripts.

Earlier this week, Accounting Today hosted a Web seminar on Understanding Affordable Care Act Reporting.

The International Federation of Accountants expressed support for a United Nations agreement on climate change as the U.N. works to reduce carbon emissions.

The Treasury Inspector General for Tax Administration issued a warning Thursday as millions of taxpayers raced to meet the October 15 deadline for tax extensions that although it is making some progress in its investigation of a phone fraud scam perpetrated by individuals misrepresenting themselves as Internal Revenue Service employees, taxpayers should continue to beware of these fraudulent phone calls.

The married owners of a Louisiana tax preparation business are facing dozens of felony charges for a fraud scheme that cost taxpayers hundreds of thousands of dollars.