Roger Russell

Timely and meaningful access to the Internal Revenue Service is what is most important to taxpayers and tax preparers, according to Troy K. Lewis, chair of the American Institute of CPAs’ Tax Executive Committee.

Sometimes, the elevation of form over substance can be costly for those who commit a “foot fault” in structuring a transaction in the tax arena.

The PricewaterhouseCoopers Trendsetter Barometer has been taking the measure of private company leaders for 20 years.

Not everyone is a fan of Congress’ plan to have the Internal Revenue Service use outside agencies to collect unpaid taxes. (See “Highway Bill Would Revive Private Collection of Tax Debts.”)

A permanent exclusion for qualified SMB stock means big change

Tax pros shares the different ways they relax after April 18 — and how many of them get right back to work

The state tax arena is filled with variation, complexity, confusion and ambiguity, which has major implications for U.S. corporations, according to findings from Bloomberg BNA’s 2016 Survey of State Tax Departments, conducted for the 16th consecutive year.

Last week the Tax Court, in a case of first impression, ruled that payments made by a decedent through a trust to pay premiums on life insurance policies obtained to fund buy-sell agreements should not be regarded as loans still owed to her estate.

The U.S. Supreme Court has affirmed Nevada’s exercise of jurisdiction over the California Franchise Tax Board, but limited the damages that could be awarded to the amount which Nevada law would permit in a similar suit against its own agencies.

The American Institute of CPAs is pushing for legislation that would make it easier for employees who work across state lines to do their taxes.