Tax practice

Popular at times in the past, but perhaps out of favor more recently, QPRTs (Qualified Personal Residence Trusts) may be an idea whose time has returned.

The head of a Senate investigative subcommittee said he plans to look into problems with the health insurance marketplaces set up for the Affordable Care Act that forced many taxpayers to owe some of the tax credit money they had received for buying health insurance.

The owner of a business that provided notary and tax preparation services in Camden, N.J., has pleaded guilty to filing false personal tax returns.

The Internal Revenue Service and the Justice Department have decided to dismiss a case against a North Carolina small business owner from whom they had seized $107,000 in a controversial practice known as civil asset forfeiture.

The “job creators” are fighting back on tax policy—against their Republican allies.

The Internal Revenue Service estimates that 27 percent or $17.7 billion in Earned Income Tax Credit payments were issued improperly in fiscal year 2014, according to a new government report.

Nearly half of all states impose taxes on memberships in gyms, health clubs, athletic clubs and fitness clubs, while the rest either exempt memberships or don’t have state sales taxes at all, according to new research.

In a case that could have repercussions for the taxation of professional athletes, the Supreme Court of Ohio handed down a ruling that provoked a response citing the New England Patriots’ “Deflategate” scandal.

Companies are expanding their hiring of tax professionals.

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

One of the Democratic Party’s favorite applause lines is getting another turn in the spotlight: hit hedge-fund millionaires with the same taxes as the working class.

At a recent gathering of corporate tax professionals, many confessed to uneasiness about the damage to the reputations of their companies from media reports about their tax strategies.

Greatland is adding year-end reporting for the Affordable Care Act to its W-2 and 1099 reporting software, Yearli.

It is “silly” for Republicans to put together a response to the Supreme Court’s expected June ruling on the legality of subsides in the federal health care exchange, the health policy director at the CATO Institute, which helped launch the lawsuit, said Monday.

A site that is used to process tax forms for nonprofit organizations on behalf of the Internal Revenue Service recently suffered a data breach.

The Internal Revenue Service’s Criminal Investigation division has created a cybercrime unit to combat the growing trend of identity theft-related tax fraud as the problem morphs into data breaches and becomes more international in scope.

Karen Hawkins, director of the IRS’s Office of Professional Responsibility, is stepping down in July from her position, which probes Circular 230 violations by tax practitioners.

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

Some of our favorite recent tax fraud cases.

The Internal Revenue Service has updated its list of designated private delivery services that meet the rules for determining the postmark for timely filing and payment, eliminating DHL and adding several FedEx services.