Tax regulations

For a moment there, Donald Trump was starting to sound a lot like Bernie Sanders.

Check out the digital edition of the August 2015 issue of Accounting Today.

Microsoft Corp.’s stockpile of offshore profits rose to $108 billion, with a 17 percent increase over the past year as the company continues reaping profits in low-tax foreign jurisdictions.

Accounting Today editor-in-chief Dan Hood previews the August issue in this summer camp video.

I have a confession to make: I died two years ago.

Takeaways from the first season of the repair regulations

The Internal Revenue Service is providing a safe harbor for contracts on services that are performed on a regular basis such as janitorial and landscape maintenance and software support.

The Internal Revenue Service is hampered by incomplete information from health insurance marketplaces in its efforts to oversee tax breaks for individuals in the Affordable Care Act, according to a new government report.

Wolters Kluwer Tax & Accounting US has introduced a self-study e-learning program on the Internal Revenue Service’s tangible property repair regulations that comes with continuing professional education credits and a certificate of completion.

In a coordinated broadside at the complexity of the tax code for small business owners, both the House and Senate held hearings Wednesday with similar themes.

The IRS is seeking to limit private-equity executives’ practice of reducing their tax bills by reclassifying how their management fees are taxed.

Sen. Rand Paul, R-Ken., who is one of the Republican candidates running for President, demonstrated his tax reform chops by releasing a campaign video showing him destroying the 70,000-page U.S. Tax Code with a chainsaw, fire, and a wood chipper.

House Republicans are proposing to tighten tax-compliance rules to keep the U.S. highway fund solvent through mid-December.

Hillary Clinton on Monday outlined a plan for economic growth focused on the middle class and signaled she'll be offering an extensive set of proposals to rein in Wall Street in one of the first major policy speeches of her presidential campaign.

A tax strategy once used by the hedge fund Renaissance Technologies is attracting a new level of scrutiny from the IRS.

The Obama administration quietly handed a victory to U.S. companies that avoid taxes by claiming a foreign address, suggesting that virtually all of them are still eligible for government contracts.

Small business groups are sounding a warning about an obscure Internal Revenue Service rule that takes effect Wednesday imposing heavy fines on small businesses for helping defray the cost of their workers’ insurance or medical expenses.

The Supreme Court’s highly anticipated 6-3 decision Thursday in King v Burwell found that premium tax credits under Code Sec. 36B, also known as health insurance subsidies, are not limited solely to taxpayers who live in states that have established their own health insurance exchange but are also available to taxpayers residing in states that have a federal exchange.

A trade association representing the casino industry is sounding the alarm over proposed regulations from the Internal Revenue Service that would lower the threshold for reporting winnings from slot machines, keno and bingo.

A new report from Ernst & Young demonstrates how many multinational corporations are being pushed in the direction of greater transparency about their tax strategies as their reputations come under attack in the U.S. and abroad for shifting their profits to tax havens.