Tax practice

A total of 37 states provide full exemptions from sales and use taxes on manufacturing equipment and machinery, but for the rest of the states, the rules can be different.

The average rate for sales taxes across the U.S. increased a bit in the second quarter of the year, according to a new report.

The Internal Revenue Service is giving victims of the recent catastrophic storms and flooding in Louisiana until Jan. 17, 2017 to file some of their individual and business tax returns and make certain tax payments.

Wolters Kluwer Tax and Accounting said Monday the Internal Revenue Service has selected it for the 12th year in a row to provide sales tax rate and taxability tables for taxpayers.

Tim Kaine, Democratic nominee for vice president, said Saturday that Donald Trump won’t make public his tax returns because they may show the Republican presidential candidate hasn’t been the generous charitable giver he claims to be.

A selection of our favorite recent fraud cases.

Truckers and other owners of heavy highway vehicles must, in most cases, file their next federal highway use tax return on August 31.

Donald Trump’s revamped tax plan stands in stark contrast to his rival Hillary Clinton’s plan, although many of the differences go back to the traditional split between the Republican and Democratic approaches to tax reform.

Democratic presidential nominee Hillary Clinton and her husband, former president Bill Clinton, earned adjusted gross income of $10.6 million in 2015 and paid $3.6 million in federal income taxes, according to a tax return her campaign released Friday as it sought to draw a contrast with her Republican rival, Donald Trump.

Rupert Grint, who played Ron Weasley in the Harry Potter movies, failed in an effort to recover approximately 1 million pounds on his tax refund from the United Kingdom, showing that Expelliarmus spells don’t work with the U.K. tax authorities.

The Internal Revenue Service is unable to prevent contractors with unpaid taxes from receiving payments, according to a new report, despite legislation authorizing it to do so.

Sen. Charles Schumer, D-N.Y., is urging Congress to exempt Olympic medalists from taxes on their medals and monetary bonuses.

Donald Trump’s campaign is preparing to tweak one of his boldest tax proposals out of concern that it might lead some high-income earners to try “to scam the system,” one of the Republican presidential nominee’s economic advisers said.

For several decades, estate planners have been using entities such as family limited partnerships or family limited liability companies as an estate planning tool.

A former Internal Revenue Service employee was sentenced Wednesday to nine years and two months in jail for leading a $1 million identity theft scheme that ensnared hundreds of taxpayers.

Hillary Clinton ripped Donald Trump's economic plan as a boon to the wealthiest Americans, including himself and his family, that will only increase the burden on middle-income taxpayers already pressured by stagnant wages.

The Internal Revenue Service is sounding the alarm about a new scheme in which scammers send emails purporting to come from tax software companies, instead fooling tax preparers into clicking on a link that will load malware on their computers.

The Internal Revenue Service has closed an eight-year exam of about $300 million of tax-exempt bonds issued for The Villages, one of the world’s largest retirement communities, without imposing a penalty, according to a filing by the development districts that issued the debt.

The Internal Revenue Service is recommending tax professionals monitor their Preparer Tax Identification Numbers for signs of suspicious activity.

The Tax Court held a husband and wife who supplied information to the Internal Revenue Service are entitled to a full 24 percent of the “collected proceeds,” which includes a criminal fine and civil forfeitures to the government, not just tax restitution.