Practice Management

The Supreme Court struck down the state of Maryland’s practice of taxing a resident’s income that was earned and already taxed in another state without providing a full tax credit, ruling Monday that the practice violates the Constitution.

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

Finter Bank Zurich agreed to pay a $5.4 million penalty and become the third Swiss bank to settle under a U.S. program that lets firms avoid prosecution if they say how they helped American clients avoid taxes.

The American Institute of CPAs kicked off its Spring Meeting of Council in Washington, D.C., on Sunday with a packed agenda of meetings with lawmakers to press for priorities, including improvements in taxpayer service by the Internal Revenue Service.

Members of U2 defended the Irish rock band’s tax strategy as the band kicked off its world tour.

The Internal Revenue Service is marking National Military Appreciation Month with a free tax guide about tax benefits for the military.

An Alabama woman has been charged with filing more than 3,000 tax returns over a two-year period claiming over $7.5 million in fraudulent tax refunds.

Let’s say one of your top players at your firm is out suddenly for the remainder of the most important time of the year. What do you do?

Lawmakers have introduced legislation that would provide a month-long safe harbor from income tax and withholding requirements for traveling employees and their employers.

BDO USA said Friday it would add Stone Carlie & Company to its firm, expanding Chicago-based BDO into the St. Louis market and in the process becoming a firm with more than $1 billion in annual revenue after a string of recent mergers and acquisitions.