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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 firms 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.
May 24 -
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.
May 23 -
The Internal Revenue Service is reminding tax professionals to register for its 2016 IRS Nationwide Tax Forums, where they can earn up to 19 continuing professional education credits.
May 23 -
The American Institute of CPAs has asked the Internal Revenue Service and the Treasury Department for the IRS to set up a separate user fee category for private letter ruling requests for S corporations, which would result in lower fees for these requests.
May 23 -
The IRS has been so slow to adapt to the rapidly emerging peer-to-peer economy that billions of dollars in taxable income a year are probably going unreported every year, according to a study being delivered to Congress this week.
May 23 -
States are hungrier than ever, an annual sales tax survey finds
May 22 -
The IRS will conduct its annual Memorial Day systems shutdown beginning Saturday, May 28.
May 22 -
A roundup of our favorite recent tax fraud cases, including the most brazen fake business name in tax fraud history.
May 22 -
Congratulations, now that youve made it through the end of busy season and managed to put all of those long evenings in the office in the rear-view mirror, its time to get back to business. Now is a great time to revisit your firms strategic plan for 2016.
May 20 -
Now that its springtime and the birds are chirping, its important for your tax clients to consider education-related expenses when applying for federal financial aid.
May 20
