Tax practice

The Tax Foundation, the nonpartisan think tank devoted to tax research, is not a place you would normally associate with humor, but they do make an exception for April Fools' Day.

The Internal Revenue Service has issued guidance updating the limitations on depreciation deductions for new automobiles.

A New Jersey man has been indicted for placing hundreds of telephone calls to the Internal Revenue Service’s electronic payment system in an effort to obtain credit for hundreds of millions of dollars in fictitious tax payments to the IRS that he did not actually make.

The arrest of banker Andrew Caspersen on charges of trying to defraud investors of $95 million has prompted his family to try to shed light on the circumstances surrounding his father’s suicide six years ago amid a U.S. tax investigation.

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

Accounting firms come across noncompete agreements in several different contexts: in the valuation of a company when purchased by a client, in divorce litigation and as part of the employment agreement in the accounting firm itself.

Scammers are trying new tactics to convince taxpayers to hand over their personal information, the Internal Revenue Service warned.

Republican presidential candidate Donald Trump’s income tax returns for the years 2002 through 2008 are no longer under federal audit, though more recent filings remain under review, according to an unusual letter his campaign released Wednesday night.

Nearly half of American tax filers are worried about tax websites having problems on tax day, according to a new survey.

It’s March and the college basketball tournament season is upon us. It is estimated that over $12 billion will be wagered on the NCAA tournament (compared with $10 billion on the Super Bowl).

Thomson Reuters has integrated its ONESOURCE Indirect Tax sales tax technology with NetSuite’s cloud-based enterprise resource planning system.

Senior business leaders are concerned about some of the proposed tax changes they have heard from presidential candidates and other sources, according to a new survey by Friedman LLP.

The Internal Revenue Service released its 2015 IRS Data Book on Wednesday, providing a snapshot of agency activities for the fiscal year.

The roughly 8 million Americans who live abroad automatically get a couple additional months each year to file their taxes. Don’t expect them to be grateful.

The Internal Revenue Service has made progress in implementing information security controls, but a new report from the Government Accountability Office finds that weaknesses in the controls limited their effectiveness in protecting the confidentiality, integrity and availability of financial and sensitive taxpayer data.

It’s officially tax season, and between now and April, individuals and corporations alike will be filing their taxes with the IRS.

Kerri Swope of Care.com HomePay talks in this video about some of the tax breaks that are available to families, such as the Child and Dependent Care Credit.

The Treasury’s latest Green Book points to available ‘tax loopholes’

Your dental surgery. Your colonoscopy. Your income taxes.  There's always a massive bout of procrastination across the U.S. in the weeks leading up to Tax Day, which is April 18 this year.

Kerri Swope of Care.com HomePay discusses Nanny Taxes and why families should be concerned about them.