Tax practice

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

Although I live a few miles from Hofstra University, the site of Monday night’s Presidential debate, I didn’t have a ticket to the event. Instead, I spent the time trying to get to the Marriott next door, where viewers were promised the chance to meet one of the candidates afterward.

The Tax Foundation has released its annual ranking of states and how competitive their business tax codes are.

A group of 41 Senate Republicans is urging the Treasury Department to drop proposed regulations that would eliminate a popular tax strategy for minimizing estate and gift taxes.

The Internal Revenue Service has released new procedures that help a taxpayer make the decision on whether to opt for a qualified terminable interest property election to reduce estate taxes.

The very rich are different from you and me. They even have their own IRS audit squad.

This U.S. presidential campaign, and particularly that of Democratic Senator Bernie Sanders of Vermont, moved the issue of income inequality front and center. Now there are some new numbers in that department, and they won’t make many people happy.

Despite years of cuts to the Internal Revenue Service budget and its employee count, the agency is nonetheless collecting more tax revenue, according to a new report.

The Internal Revenue Service is lowering its user fees for issuing letter rulings on tax matters when the rulings are practically identical.

The Kentucky Court of Appeals has affirmed in part a decision by the Kentucky Circuit Court finding Grant Thornton liable for fraudulent misrepresentation in its selling of a tax shelter.

The Internal Revenue Service has issued a notice outlining the special diem rates that taxpayers can use to substantiate the amounts they are claiming for lodging, meals and incidental expenses when traveling away from home.

Donald Trump’s economic team offered more math behind his assertion that his tax cuts will mostly pay for themselves, saying trade policy would generate most of the additional wages and corporate profits that feed government revenue.

Democratic presidential nominee Hillary Clinton called out Republican Donald Trump Monday night for paying no federal income taxes on some of his returns from decades ago.

The Internal Revenue Service has chosen four private debt collection agencies to help collect unpaid tax debts as the IRS gears up to resurrect the controversial program.

Members of the wealthy Wildenstein art-dealing family finally went on trial over fiscal fraud allegations after a French judge rejected a second bid to delay the case to allow French tax authorities to finish a related investigation.

The dangerous areas where law and accounting overlap

With summer now behind us, it’s time for older taxpayers—those ages 65 and above—to consider how they will be affected by the higher post-2016 floor beneath medical expenses.

House Democrats have introduced legislation that would require multinational corporations to disclose more information about the taxes they pay in other countries.

The Internal Revenue Service is requiring all e-services users to re-register using the Secure Access authentication process on or after Oct. 24.

The deadlines for filing the Form W-2 with the Social Security Administration and the Form 1099-MISC with the Internal Revenue Service are changing next year.