Tax practice

The Internal Revenue Service’s Low Income Taxpayer Clinic Program Office has issued its second annual program report on how LITCs help thousands of low-income taxpayers across the country with pro bono representation, education and advocacy services.

President Barack Obama is proposing more tax increases for U.S. multinational corporations, seeking ways to prevent them from avoiding taxes by exploiting gaps in international law.

President Obama released his budget plan on Tuesday, with proposals for expanding a number of tax breaks along with the budget of the Internal Revenue Service.

The Internal Revenue Service is providing advice to taxpayers and tax preparers this tax season on the various tax credits and tax-related provisions under the Affordable Care Act.

President Barack Obama’s budget will propose tax cuts for low-income families, a retirement savings plan and ask Congress to make permanent certain tax breaks to offset the cost of higher education.

In an exclusive interview, IRS Commissioner John Koskinen answers our questions -- and those of our readers.

The AICPA hosted a webinar on the provisions of T.D. 9655, final regulations that were issued on February 10 and implement employer shared responsibility provisions under the Affordable Care Act for 2015.

More than three-quarters of multinational CFOs believe that exposure to the public of their corporate tax planning activity has a detrimental impact on a company’s reputation, according to a new survey.

The Internal Revenue Service has released new procedures when changing the method of accounting for dispositions of tangible depreciable property.

With tax season now underway, officials with IRS-Criminal Investigation and the U.S. Attorney’s Office in New Jersey are warning taxpayers to beware of tax fraud from tax preparers.

One of the most concrete new proposals in President Obama's State of the Union address was the creation of a new type of retirement savings vehicle -- the MyRA.

A roundup of tax news from the previous month.

A new government report suggests changes to Obamacare implementation may be a strain

Strategies for maximizing investment efficiency

Should they file a joint return, or married filing separate?

The tax reform proposal issued this week by House Ways and Means Committee chairman Dave Camp, R-Mich., is continuing to generate plenty of discussion.

The Internal Revenue Service has released the long-awaited final instructions for the 3.8 percent Net Investment Income Tax that was included as part of the Affordable Care Act.

Some of our favorite recent tax fraud cases.

When people get paid in cash, they don’t always tell their tax preparer right away – if at all.

If the tax reform proposal unveiled earlier this week by Ways and Means Committee chairman Dave Camp is really “dead on arrival,” as some have suggested, why has virtually every organization with a stake in the tax process made an effort to comment on it? After all, it’s just a discussion draft.