Tax practice

Donald Trump’s planned U.S. corporate tax cuts could translate to a big one-time earnings hit for many of the biggest U.S. banks, thanks to tax benefits they generated during the 2008 financial crisis.

President-elect Donald Trump warned U.S. companies that moving manufacturing to other countries would be a “very expensive mistake” as they will face heavy new taxes—an approach likely to face resistance from lawmakers in his own party.

Steps to take before the New Year for a better tax return in 2017

Victims of the severe storms and flooding, that took place beginning on Sept. 21 in parts of Minnesota may qualify for tax relief from the IRS.

The IRS and its Security Summit partners have declared the week of Dec. 5-9 “National Tax Security Awareness Week.”

The number of partnerships and partners in the U.S. continued to increase for Tax Year 2014, according to the IRS Fall 2016 issue of the Statistics of Income Bulletin.

In a short time, we’ll have the holidays. In a few more days we’ll have 2017. And shortly after that, it’ll be Tax Day. Are you ready?

A roundup of our favorite recent tax fraud cases.

If your clients are upset by the outcome of the election, there are some things they should know before they book a one-way ticket out of the country.

The Internal Revenue Service plans to improve its program to provide copies of false tax returns to victims of tax-related identity theft, according to a recent report.

The Internal Revenue Service has launched an online application to help taxpayers with “straightforward balance inquiries.”

The impact of the election on tax issues

(Bloomberg) Donald Trump’s nominee for Treasury secretary said Wednesday that the president-elect’s tax plan won’t ultimately cut taxes for “the upper class.”

The IRS has extended the 2017 due date for employers and coverage providers to furnish information statements to individuals – but the due date for filing with the IRS has not been extended.

Some of the wealthiest families in the U.S. are hoping for a $21 billion benefit from President-elect Donald Trump next year.

U.S. Treasury Secretary-nominee Steven Mnuchin says he will boost jobs by making tax reform his overriding priority.

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

In July 2011, in response to growing public concern over employment-related identity theft, the Treasury General for Tax Administration announced that the Internal Revenue Service could do more to assist taxpayers by informing them if fraudulent income was being reported under their social security numbers.

Small businesses in the U.S. on average pay an extra $5,128 in taxes to make up for revenue lost to the use of offshore tax havens by multinational corporations, according to a new study.

The Internal Revenue Service alerted tax professionals Tuesday that over the next five weeks, it will send letters to some users of its online e-Services products informing them they will either have to go online or call the e-Services e-Help Desk to validate their identities, as part of the IRS’s battle against identity theft.