Practice Management

Sen. Ron Wyden, D-Ore., the ranking Democrat on the Senate Finance Committee, has introduced legislation that would require presidential nominees such as Donald Trump, the presumptive Republican nominee, to release their tax returns.

Deloitte Touche Tohmatsu has introduced Deloitte Pixel, a new service that leverages “crowdsourcing” technology to allow outside people to help the firm develop new services and projects for Deloitte and its clients.

Agents working with the Treasury Inspector General for Tax Administration have arrested five individuals who impersonated Internal Revenue Service employees and demanded payment from taxpayers.

The IRS has put together its annual selection of advice for members of the military

Summer isn’t too far away, and many parents are wondering if they can afford to send their kids away to summer camp this year. The ability to take a tax deduction for such expenses could make all the difference.

Matching for-profit Sec. 183 rules with re-energized Boomers

A federal appeals court has reversed the Tax Court, handing a supermarket chain a victory in its attempt to deduct rewards that shoppers had earned but had not yet redeemed at the end of the year.

French police and prosecutors swooped on Google’s Paris offices on Tuesday, intensifying a tax-fraud probe amid accusations across Europe that the Internet giant fails to pay its fair share.

Morris Zukerman spent 16 years at Morgan Stanley, at various points overseeing its energy and merchant banking practices, before starting his own investment firm in the late 1980s. His firm’s partners have included ConocoPhillips, ExxonMobil and Kinder Morgan. He endowed a Harvard sociology professorship. He collected dozens of expensive paintings, including works he loaned to the Metropolitan Museum of Art. Along the way, he evaded more than $45 million in taxes, the U.S. now alleges.

A bipartisan group of senators from the Senate Finance Committee are asking the Treasury Department to intervene with European Commission officials who have been investigating special deals set up by U.S.-based multinationals with countries in the European Union allowing them to lower their taxes.