Practice management

Caterpillar Inc. began defending its international tax maneuvers as a U.S. Senate investigative panel set an April 1 hearing to examine the company’s “offshore tax strategy.”

Gale Crosley of Crosley + Company talks about the different ways accounting firms are growing by moving away from a book-of-business strategy to a leader-driven and specialist approach, in an interview with Accounting Today editor-in-chief Daniel Hood.

The Internal Revenue Service is providing taxpayers in Colorado an extension until Oct. 15, 2014 to decide when to claim disaster losses arising from last September’s flooding.

The Internal Revenue Service initially will make limited use of information supplied by other governments about U.S. citizens’ offshore holdings because of budget constraints, Commissioner John Koskinen said.

I remember hearing a story recently about a worldwide relief agency that wanted to expand the vision and thinking of a third-world leader.

Foreign banks and other financial institutions are facing a number of deadlines this year for complying with the Foreign Account Tax Compliance Act, or FATCA, which is forcing many of them to wake up belatedly to the complex demands thrust upon them by the new reporting regime.

A U.S. Senate investigative panel is examining Caterpillar Inc. and whether the company improperly avoided U.S. taxes by moving profits outside the country, said three people familiar with the inquiry.

The Internal Revenue Service has released its 2013 IRS Data Book, providing a snapshot of activities at the agency in relation to taxpayers for the fiscal year.

The Internal Revenue Service’s Office of Professional Responsibility has entered into a settlement agreement with a group of appraisers from the same firm who were accused of aiding in the understatement of federal tax liabilities by overvaluing facade easements for charitable donation purposes.

Some of our favorite recent tax fraud cases.

This is not about JFK. When he was nominated at the 1960 Democratic Convention, his acceptance speech was preceded with an introduction by Chester Bowes narrating a film about Kennedy’s life and achievements.

Tax preparers frequently skip meals or turn to junk food during the hectic tax season, and some companies want to make sure they make healthier nutrition choices.

Some of the largest and most profitable Fortune 500 companies are paying little or nothing in state income taxes, according to a new study.

How to tell tax clients what you charge

The owner of TVO Services, a tax prep business in Atlantic City, N.J., has been indicted by a federal grand jury on 28 counts of preparing fraudulent tax returns for clients.

A like-kind exchange, also known as a Section 1031 exchange after the section of the Tax Code that governs it, is essentially a tax-deferral tool that postpones tax on the exchange of a property for another property of a “like kind.”

The Treasury Inspector General for Tax Administration is warning taxpayers to beware of phone calls from individuals who claim to represent the Internal Revenue Service, but in reality are trying to defraud them, in what it is saying is the largest ever scam it has seen to date.

The Internal Revenue Service is providing transition relief to owners of individual retirement accounts and individual retirement annuities relating to the application of a one-rollover-per-year limitation of the Tax Code.

A Bronx-based tax preparer who was awaiting sentencing for filing false tax returns was re-arrested on Wednesday on the same charge, and also happens to be the first tax preparer suspended from preparing tax returns under New York State’s new tax preparer regulations.

The Internal Revenue Service said Thursday it has already received more than half of the tax returns it expects to receive during 2014, even though the filing deadline is nearly a month away.