Practice Management

AbbVie Inc. may scrap or renegotiate its planned 32.4-billion-pound ($51.5 billion) deal for Dublin-based drugmaker Shire Plc, in what would be the biggest casualty of the U.S. crackdown on so-called tax inversions.

Ireland’s government will phase out a tax shelter used by U.S. companies from Google Inc. to LinkedIn Corp., amid mounting pressure from international authorities.

Accounting and consulting firm Moss Adams LLP has released its annual Year-End Tax Planning Guide outlining some of the key tax issues and potential pitfalls for next year.

While the Internal Revenue Service has taken a number of actions to implement requirements of the Plain Writing Act, more needs to be done to ensure that letters and notices are understandable to taxpayers, according to a new government report.

Thomson Reuters said Tuesday it has been awarded a new multi-year contract from the Internal Revenue Service to provide research resources for the agency.

The United Kingdom-based Institute of Financial Accountants is joining together with Australia’s Institute of Public Accountants to form one of the largest professional accounting organizations in the world dedicated to small and midsize firms.

Raoul Weil, once the head of UBS AG’s global wealth management business, faces a criminal trial that may turn on the credibility of a former subordinate who says he and Weil helped Americans evade taxes.

You’re having a perfectly fine time at a party, reception, barbecue, ballgame, meal or any other gathering, when out of nowhere you’re bombed by a taxpayer with that most loaded question: “Mind if I ask you something?”

Baby boomers have been driving and are expected to continue to drive an increase in the sale of businesses in the next decade, given their influential ownership of private companies.

One of my partners once was asked to recommend an accountant who could do corporate tax returns for a very large company.