Tax practice

The Organization for Economic Co-operation and Development issued last October the final Base Erosion and Profit Shifting reports that are expected to fundamentally change the course of international taxation and transfer pricing for all multinational enterprises.

The Internal Revenue Service unveiled a new procedure Wednesday to help people who accidentally miss the 60-day time limit for rolling over their retirement plan distributions into another qualified retirement plan or individual retirement account.

National Taxpayer Advocate Nina Olson has posted responses from the Internal Revenue Service to her recommendations for improving taxpayer service, along with papers delivered by presenters at an international conference her office convened last November on taxpayer rights.

For years, the biggest nations have tried to outsmart tax dodgers and reclaim trillions of dollars stashed in offshore accounts. Many of them are tired of waiting and now just want to make peace and bring some of the money back home.

Republican Donald Trump is proposing a big tax cut for companies like Apple Inc., which would see its tax rate slashed on about $200 billion of profit it keeps offshore.

Democratic presidential nominee Hillary Clinton laid out proposals to streamline financing and taxes for entrepreneurs and small businesses while telling business owners that Republican Donald Trump would put his interests ahead of their own.

Most people have never heard of the alternative minimum tax, and those that have probably would love to forget about it and wish that it would just go away.

Venture investors, facing the possibility of bigger tax bills, are trying to convince Washington that they’re special and should be exempt.

Hillary Clinton’s Democratic presidential campaign said Monday that Republican Donald Trump’s proposals to overhaul the federal tax system would benefit “high-debt investors like himself,” opening a new line of attack.

Republican leaders of the Senate Finance Committee and the House Ways and Means Committee are asking the Treasury Department to go back to the drawing board on proposed regulations for changing the tax treatment of corporate debt and equity to curb corporate earnings stripping.

The Internal Revenue Service has created a new webpage with information to help people who participate in the so-called “sharing economy” get timely tax advice.

Restaurateur Rowen Seibel has made the gossip pages for getting socked by Diane von Furstenburg’s son and multimillion-dollar court fights he’s waging with celebrity chef Gordon Ramsay.

Jeff Bezos’s relentless focus on user experience has helped him make Amazon the most valuable e-commerce company in the world. But regulators in Europe and the U.S. say that the value Amazon places on the technology behind that experience varies radically depending on which side of the Atlantic it’s on—and which appraisal will lower its tax bill.

H&R Block may be looking to sell soon, according to recent published reports.

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

Gwen Jorgensen, a former tax accountant at Ernst & Young, won the gold medal on Saturday at the Triathlon in the Rio Olympic games.

The IRS has proposed higher user fees for taxpayers who enter into installment agreements.

A roundup of our favorite recent tax fraud cases.

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

The Internal Revenue Service’s Chief Counsel has released its annual Priority Guidance Plan for 2016 to 2017.