Tax practice

The Tax Court sided with a taxpayer who failed to get a petition protesting a tax lien delivered in time to the Tax Court’s own offices because of a federal holiday and a winter snowstorm that closed the offices.

The Internal Revenue Service is making changes to a program that aims to combat tax delinquency by over 300,000 current and retired federal employees who owe more than $3 billion in taxes.

Jeb Bush’s tax plan attempts to fuse disparate streams of Republican thinking on U.S. fiscal policy, moving beyond the base-broadening, rate-lowering mantra that has animated the party.

Yahoo! Inc. failed to get the advance approval it sought from U.S. officials for a plan to spin off its stake in Alibaba Group Holding Ltd. without incurring taxes.

Get Thomas Rustici talking about the current state of U.S. economic policymaking, and the adjectives start flowing: Corrupt, worst, wasteful, bloated, dangerous.

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

Proposed regulations released by the Treasury Department in January provide guidance on the definition of internal use software for the R&D tax credit.

Now that Labor Day has come and gone, back-to-school sales tax holidays are over for most consumers, but accountants still have to deal with reporting what’s taxable and what’s not.

The Internal Revenue Service did not finish testing a centralized data repository of health insurance coverage with federal and state exchanges in time for last tax season, according to a new government report.

The Internal Revenue Service has gotten rid of a rarely used program that was supposed to allow taxpayers to expedite the appeals process.

An Internal Revenue Service auditor was arrested and charged with two counts of sexual battery by an authority figure after he allegedly assaulted a taxpayer he was auditing and threatened to close down her business if she didn’t cooperate.

The IRS relieved small business taxpayers earlier this year from having to file mandatory Form 3115’s to comply with the newly issued tangible property regulations. Accepting this relief under Rev. Proc. 2015-20 is done merely by filing a federal tax return, leaving many accountants and tax professionals unaware of the negative consequences of doing nothing.

Americans for Tax Fairness, a coalition of 453 national and state organizations advocating for tax reform, has challenged the B Corporation status of Brooklyn-based Etsy, Inc., following the online craft seller’s restructuring of a subsidiary in Ireland, a tax haven, to dodge U.S. taxes.

A roundup of our favorite recent tax fraud cases.

H&R Block announced that for the fiscal 2016 first quarter ended July 31 its total revenues increased $4 million, or 3 percent, to $138 million.

Check out the digital edition of the September 2015 issue of Accounting Today.

Schroders Plc’s Swiss bank will pay a $10.4 million penalty to avoid prosecution under a U.S. program that requires participating firms in Switzerland to say how they helped American clients avoid taxes.

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

The Internal Revenue Service's decision not to update mortality assumptions to reflect today's higher life expectancy could help corporate pension plan sponsors save at least $18 billion in 2016 as they continue to calculate minimum funding contributions according to outdated models, according to a new report from Moody's Investors Service.

One of the leaders of the Senate’s main tax committee is sounding the alarm about proposed budget cuts at the Internal Revenue Service and warning that it could encourage identity theft, tax evasion and tax fraud by crime syndicates.