Practice Management

The European Union ordered Belgium to recover about 700 million euros ($762 million) in illegal tax breaks given to at least 35 companies, including Anheuser-Busch InBev NVand BP Plc, as regulators continued a crackdown on overly generous tax schemes throughout the 28-nation bloc.

Sassetti LLC has merged in Brennan & Brosnan LLC in Naperville, Ill., effective Jan. 1, 2016, expanding Sassetti’s accounting, auditing and tax practice in the suburbs of Chicago.

UHY Advisors has merged in MohnAllen P.C., doubling the firm’s size in the Maryland area.

Former billionaire entrepreneur Samuel Wyly told a federal judge that he filed for bankruptcy to avoid burdening his children with a $2 billion claim by the Internal Revenue Service.

Few words strike as much fear into people’s hearts as “IRS audit.” How can you nursemaid clients through the terror of an audit notice?

Some of our favorite recent cases of tax fraud.

Tax pros share their pre-season to-do lists

An overview of the history and valuation methods for S Corporations.

Our weekly roundup of tax-related investment strategies and news your clients may be thinking about.

Victims of recent storms in Mississippi have until May 16 to file returns and pay any taxes due, the IRS said.