Practice Management

The Internal Revenue Service has issued a notice that provides some relief this tax season from tax penalties for taxpayers who find out when they file their taxes that they received an overpayment of premium tax credits for buying health insurance under the Affordable Care Act.

Yahoo! Inc. on Tuesday is expected to reveal something most companies usually try to keep secret: how it plans to avoid a multibillion-dollar tax bill.

I just finished reading John Grisham’s novel Gray Mountain, about a young attorney working in a legal aid clinic. At one point she is asked to prepare a will for a woman with property worth about $200,000. This reminded me of some pro bono work I have been asked to do for people who could clearly afford it, and that caused resentment by me.

No states changed their sales tax rates in the fourth quarter of last year, but a number of cities and counties did, according to a new report.

The American Institute of CPAs has written to some of the top tax lawmakers in Congress asking them to grant relief to taxpayers in appropriate situations when they miss a statutory deadline or make an error in choosing an election.

Congressional Republicans who rewrote the rules on measuring the economic effects of legislation may be disappointed at some of the results.

Some of our favorite recent tax fraud cases.

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

The Internal Revenue Service and the Treasury Department have issued a notice saying they anticipate issuing proposed regulations that would permit a state or local retirement system that is a governmental plan to cover public charter school employees if certain requirements are satisfied.

Real estate partnerships pool funds from various investor groups, family offices and public entities to invest in property platforms seeking high cap rates and strong yields. Even though the investors within each fund have different tax structures and tax needs, the goal of enhancing each investor’s rate of return can be accomplished through sophisticated tax planning strategies.