Practice Management

With the advent of the Nanny Tax in 1994, it became a little more complicated for a family to hire a nanny, housekeeper or senior caregiver.

The House has approved tax extenders legislation that makes a number of the periodically expiring tax breaks into permanent features of the tax code.

Highlights of some of our favorite tax-related blogs from the past week.

A set of delays on Obamacare-related taxes in the new federal spending bill will give corporate earnings a modest boost but are unlikely to undo the law or produce significant changes in the health-care industry.

Wolters Kluwer has introduced two new learning certification programs for tax professionals.

Bloomberg BNA has released a federal tax guide for 2016.

The former tax preparer for Mike “The Situation” Sorrentino, one of the stars of the MTV reality TV series “Jersey Shore,” and his brother, Marc Sorrentino, pleaded guilty Wednesday to filing fraudulent tax returns on their behalf.

The Tax Court has decided that media mogul Sumner Redstone’s 1972 transfer of stock to a trust set up for his two children was a taxable gift, but declined to impose a penalty for fraud, negligence, or failure to timely file.

A recent report from the Government Accountability office says that despite whistleblowers’ growing importance to IRS recoveries, the IRS’s whistleblower program remains seriously flawed.

Ernst & Young has formed a strategic alliance with the SAS Institute to provide data analytics technology to clients.