Practice management

Sen. Ron Wyden, D-Ore., the ranking Democrat on the Senate Finance Committee, plans to introduce legislation in the wake of last week’s Supreme Court decision on same-sex marriage to change the Tax Code to provide gender-neutral treatment for spouses.

How the Internal Revenue Service's woes will change its relationships with tax professionals

Two firms share their experiences with major sales & use tax packages

Some of our favorite recent tax fraud cases.

Legislation passed by Congress this week extending a trade deal between the U.S. and sub-Saharan Africa included a number of tax-related provisions.

Our weekly roundup of tax-related investment strategies and news that your clients may be thinking about.

The Internal Revenue Service said in an email to tax professionals Friday that it is planning to send letters to federal tax return preparers with expired Preparer Tax Identification Numbers or who have personal non-compliance issues.

The IRS reports that it processed 132,719,4656 returns from last season through May 28.

In a 5-4 ruling, the Supreme Court held in Obergefell v. Hodges that the 14th amendment requires all states to license a marriage between two persons of the same sex, and to recognize same-sex marriages validly performed out of state.

The Electronic Tax Administration Advisory Committee released its annual report to Congress recommending changes in a wide range of electronic tax administration issues.

The Supreme Court’s highly anticipated 6-3 decision Thursday in King v Burwell found that premium tax credits under Code Sec. 36B, also known as health insurance subsidies, are not limited solely to taxpayers who live in states that have established their own health insurance exchange but are also available to taxpayers residing in states that have a federal exchange.

Officials from the Treasury Inspector General for Tax Administration told a congressional hearing that a number of backup tapes from Lois Lerner, the former director of the IRS’s Exempt Organizations unit, had been erased and they were unable to recover thousands of her old emails.

The owners of hedge fund-backed reinsurers, including one tied to John Paulson, could have to pay more taxes or shift their focus under a bill introduced by Senator Ron Wyden to counter what he called abuses by offshore companies.

U.S. lawmakers are exploring a new corporate tax break that would benefit companies already adept at avoiding taxes.

A slideshow of innovative social media from the accounting profession

The King v Burwell decision by the Supreme Court, while leaving the status quo unchanged, nevertheless has elicited statements ranging from seasoned analysis to partisan diatribes on both sides of the issue that was litigated.

8 examples of innovative social media from the accounting profession

Highlights of some of our favorite tax-related blogs from the past week.

Senate Finance Committee ranking member Ron Wyden, D-Ore., has introduced legislation aimed at preventing offshore tax avoidance by some U.S. hedge fund “reinsurers.”

A pair of Democrats in the Senate and House have introduced legislation to end the tax break for carried interest that benefits hedge fund managers, private equity firm partners and venture capitalists.