Practice Management

Caterpillar Inc. began defending its international tax maneuvers as a U.S. Senate investigative panel set an April 1 hearing to examine the company’s “offshore tax strategy.”

Gale Crosley of Crosley + Company talks about the different ways accounting firms are growing by moving away from a book-of-business strategy to a leader-driven and specialist approach, in an interview with Accounting Today editor-in-chief Daniel Hood.

The Internal Revenue Service is providing taxpayers in Colorado an extension until Oct. 15, 2014 to decide when to claim disaster losses arising from last September’s flooding.

The Internal Revenue Service initially will make limited use of information supplied by other governments about U.S. citizens’ offshore holdings because of budget constraints, Commissioner John Koskinen said.

I remember hearing a story recently about a worldwide relief agency that wanted to expand the vision and thinking of a third-world leader.

Foreign banks and other financial institutions are facing a number of deadlines this year for complying with the Foreign Account Tax Compliance Act, or FATCA, which is forcing many of them to wake up belatedly to the complex demands thrust upon them by the new reporting regime.

A U.S. Senate investigative panel is examining Caterpillar Inc. and whether the company improperly avoided U.S. taxes by moving profits outside the country, said three people familiar with the inquiry.

The Internal Revenue Service has released its 2013 IRS Data Book, providing a snapshot of activities at the agency in relation to taxpayers for the fiscal year.

The Internal Revenue Service’s Office of Professional Responsibility has entered into a settlement agreement with a group of appraisers from the same firm who were accused of aiding in the understatement of federal tax liabilities by overvaluing facade easements for charitable donation purposes.

Some of our favorite recent tax fraud cases.