Tax practice

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.

The House passed legislation this week to simplify the complex tax rules faced by workers who travel across state lines to do business.

A roundup of our favorite recent tax fraud cases.

The House voted to eliminate taxes on the medals of Olympic and Paralympic athletes, while also passing some other pieces of tax legislation.

As both major Presidential candidates’ campaigns get into full gear, some of their positions on tax have become clearer, while others are still up in the air.

Sen. Ron Wyden, D-Ore., the ranking Democrat on the Senate Finance Committee, released draft legislation Thursday to provide tax credits to encourage the development of affordable rental housing for the middle class.

The Internal Revenue Service spent $15 million on a delayed implementation of an upgraded system for handling an aspect of the Foreign Account Tax and Compliance Act, but the software did not deliver the expected business results, according to a new report.

The Internal Revenue Service is alerting tax professionals and taxpayers alike about a new scam involving fake CP2000 notices that are being sent to unsuspecting taxpayers, billing them for unpaid taxes related to the Affordable Care Act.

Marvell Technology Group Ltd. said it will cover as much as $15.4 million of taxes and penalties incurred by former Chairman and Chief Executive Officer Sehat Sutardja when he exercised backdated options in 2006.

Hillary Clinton wants roughly $550 billion in new taxes and fees over the next decade—affecting investment partnerships, large estates and banks—that have received little to no public discussion from her campaign, a report from a Washington-based policy group shows.

Year-end planning through the rearview mirror