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UBS Group AG was asked by a powerful U.S. lawmaker about whether the bank it acquired, Credit Suisse Group, failed to report an American accused of evading taxes on $350 million in income.
July 25
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The Internal Revenue Service's plans to expand the Direct File free tax program nationwide next year could meet an early demise if Republicans gain control of Congress and the White House next year.
June 4
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Due to a software glitch, some TurboTax customers were inappropriately encouraged to take deduction choices resulting in higher taxes.
May 3
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A congressional hearing takes aim at an estate planning strategy that relies on the step-up in basis.
April 2
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A pair of lawmakers proposed a bill to end the abuse of grantor-retained annuity trusts to avoid taxes.
March 20
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The report casts a skeptical eye on the PPLI industry, claiming it functions as a tax shelter for a few thousand millionaires and billionaires.
February 21
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Incentives and resistance; inspiring staff ambition; the keys to change; and other highlights from our favorite tax bloggers.
January 30
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The chairs of Congress' two main tax committees announced a deal to extend a number of expired tax credits and tax breaks, including the expanded Child Tax Credit.
January 16
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Negotiators are nearing a bipartisan deal in time for many voters to receive the benefits during the current election year.
January 11 -
A group of Senate Democrats and independents introduced legislation Thursday to eliminate loopholes and tax breaks for billionaires.
November 30
