The Latest

Thomson Reuters Checkpoint released a special report on Tuesday, entitled President’s Fiscal Year 2016 Budget. The President’s budget contains a host of individual and business tax proposals. This report examines some of the budget’s highlights, including the President’s strategy to strengthen the middle class and help working families.

The Centers for Medicare and Medicaid Services on Friday morning announced it will implement a special enrollment period for individuals who learn, at the time they file their taxes, of the Affordable Care Act-mandated tax penalty for not having health insurance coverage.

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

Three Swiss bankers accused in 2012 of helping Americans hide more than $1.2 billion from the Internal Revenue Service face new charges of obstructing the agency from collecting taxes on undeclared accounts.

It takes a heap o’ living just to make a house a home, as the old poem teaches. In Joel Evans’ case, he did enough living in two houses in Louisiana to make the U.S. his tax home.

FileThis Pro launched an integration with SmartVault, provider of SaaS online document storage and secure file sharing solutions.

Approximately one-third (32 percent) of CFOs in a recent survey believe they would be more productive if their employees had greater autonomy at work.

On Thursday, The Illinois CPA Society announced that they are accepting scholarship applications for the 2015-16 academic year. Approximately 30 individual tuition and textbook scholarships are available to students who demonstrate strong academic performance and financial need.

Acumatica announced five new technology partners to join the cloud-based business management software provider’s ecosystem.

The Internal Revenue Service recently created a group whose goal is to centralize several prior ad hoc efforts to authenticate taxpayers across its systems in an effort to combat identity theft-related tax fraud, but the IRS lacks a good estimate of the costs, benefits and risks, according to a new government report.