Practice Management

The Internal Revenue Service announced the annual inflation adjustments for tax year 2015 for more than 40 tax provisions, including the tax rate schedules, and other tax changes.

New York’s banking regulator will ask for more than $300 million to settle an investigation into whether Bank Leumi Le-Israel BM helped Americans evade taxes, a person familiar with the matter said.

Governments around the world closed in on tax evaders with an automatic data-sharing accord that broadens efforts by the U.S. and the five biggest European Union economies to more than 50 countries and territories.

A former Internal Revenue Service employee received a prison sentence for leading a conspiracy to steal taxpayers’ identifying information in order to receive fraudulent tax refunds.

Accounting firms Elliott Davis and Decosimo said Wednesday they plan to merge at the beginning of the year to create one of the largest regional firms in the U.S.

The Internal Revenue Service issued two items of guidance Wednesday in response to the need for charitable and other relief due to the Ebola outbreak in West Africa.

The National Conference of CPA Practitioners is warning that the complexities of the Affordable Care Act may negatively affect millions of taxpayers in the upcoming tax season.

An astute observer of human nature once stated, “People don’t care how much you know until they know how much you care.”

The Internal Revenue Service is not providing personal identity numbers to all taxpayers who are the victims of tax-related identity theft, according to a new government report.

KPMG LLP has created a new group within the firm known as KPMG Strategy to help business clients execute enterprise-wide transformation strategies.