Tax planning

If exploiting a tax loophole is as much an art as a science, then the tax planning profession is poised for a creative renaissance.

The Minnesota Society of CPAs recently surveyed its members about the most outrageous tax deductions clients tried to claim on their tax returns. The list shows taxpayers often don't know which deductions are allowed or not.

With the new tax law now a reality, the upcoming tax season is the perfect time to showcase your value as a true trusted advisor to your clients.

Every company seeks effective ways to reduce their overall tax liabilities.

The federal tax overhaul put in place by Republicans has produced an unusual show of bipartisanship now that tax season is here: We are a nation united in befuddlement.

Just when banks may have thought they have met all of their fiscal and regulatory obligations for the New Year (including the hotly debated IRS 871(m) requirements governing financial derivatives), yet a new one arises.

The product, called Taxalytics, is powered by Tableau.

Bloomberg Tax released its 2018 Tax & Accounting Outlook, focusing on the Tax Cuts and Jobs Act that Congress passed last month.

President Trump reportedly plans to name Charles Rettig, a California tax attorney, as the next commissioner of the Internal Revenue Service.

New York state lawmakers could punch a $50.6 billion hole in the federal government’s budget by revamping their state income tax.