Tax practice

Annual inflation adjustments will affect more than 50 tax provisions, including the tax rate schedules, in tax year 2017, the Internal Revenue Service announced.

The Internal Revenue Service has agreed to do more to process whistleblower claims more quickly and efficiently, according to a recent report.

(Bloomberg) For wealthy Americans, a big win by Hillary Clinton on Nov. 8 could get pretty expensive.

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

In the wake of Hurricane Matthew’s widespread devastation, 401(k)s and similar employer-sponsored retirement plans can make loans and hardship distributions to victims and their families, the IRS said.

Prospects for year-end tax legislation

The Internal Revenue Service’s efforts to prod taxpayers to disclose their offshore bank accounts and pay taxes on their holdings have reached the $10 billion mark and prompted over 100,000 taxpayers to come forward, the IRS said Friday.

The Internal Revenue Service issued an Audit Techniques Guide last month governing compliance with the tangible property repair regulations.

A roundup of our favorite recent tax fraud cases.

Intuit is helping taxpayers in Alabama after errors were uncovered in its state income tax software that led some taxpayers to inadvertently overpay or underpay their taxes.

A federal grand jury indicted Thursday a former special agent who worked in the Internal Revenue Service’s Criminal Investigation unit, charging her with filing false tax returns, theft of government money and obstructing a federal investigation.

For tax preparers getting ready for tax season, the environment has changed, according to Annie Schwab, tax manager at Padgett Business Services.

The Internal Revenue Service has released its work plan for the coming year outlining its priorities for examinations and audits of tax-exempt organizations.

The Internal Revenue Service still has some work to do to strengthen the controls over its Electronic Authentication Process after criminals gained access to an estimated 724,000 taxpayer accounts through its online Get Transcript application last year, according to a new report.

The Internal Revenue Service spent $12 million to subscribe to a Microsoft enterprise email system that it was ultimately unable to use, according to a new report.

The United Arab Emirates is setting up a federal tax authority that will be in charge of collecting levies, as the oil-rich Gulf nation seeks to diversify its revenue base with value-added taxation.

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

Parsing the new partnership audit rules

Trump’s proposed tax plan could provide a short-term boost to the economy before costing more than 690,000 jobs over a decade, while Clinton’s plan could send job-creation in the opposite direction.

Hurricane Matthew victims in much of North Carolina and parts of South Carolina, Georgia and Florida have until March 15 to file certain individual and business tax returns and make certain tax payments.