Tax practice

The Internal Revenue Service is alerting tax professionals and taxpayers alike about a new scam involving fake CP2000 notices that are being sent to unsuspecting taxpayers, billing them for unpaid taxes related to the Affordable Care Act.

Marvell Technology Group Ltd. said it will cover as much as $15.4 million of taxes and penalties incurred by former Chairman and Chief Executive Officer Sehat Sutardja when he exercised backdated options in 2006.

Hillary Clinton wants roughly $550 billion in new taxes and fees over the next decade—affecting investment partnerships, large estates and banks—that have received little to no public discussion from her campaign, a report from a Washington-based policy group shows.

Year-end planning through the rearview mirror

H&R Block’s Jim Buttonow shares critical facts about the upcoming IRS program

An Internal Revenue Service revenue officer has pleaded guilty to fraud charges for filing tax returns using taxpayers’ identities and failing to report income he received from an unauthorized tax business.

Donald Trump used a charitable foundation he controls as a "personal ATM machine," Senate Minority Leader Harry Reid said on the Senate floor Tuesday, escalating his party’s attack on the Republican presidential nominee over reports that he mixed charitable and business interests.

Assets in college savings plans named for an obscure section of the Internal Revenue Service code hit a new record this summer, totaling $266.2 billion. That’s up 5.1 percent from a year ago, when assets in the accounts stood at $253.2 billion.

Internal Revenue Service Commissioner John Koskinen expressed regret Wednesday that the agency failed to preserve all the information congressional investigators sought in a 2014 probe of the agency, but told federal lawmakers it would be “improper” to impeach him.

Seven things you need to know about the upcoming IRS program

Win or lose, CPAs providing financial and tax advice to their clients might be in treacherous territory.

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

The Internal Revenue Service’s Office of Appeals has improved its compliance within its Collection Due Process program, although some taxpayers are still misclassified and receive the wrong type of hearing, according to a new report.

Inflation-adjusted tax brackets for the 2017 tax year, based on the average inflation index for the 12-month period ending on August 31, 2016, show a slight uptick for the year ahead, according to Wolters Kluwer’s George Jones.

Roy Weathers recently stepped into the role of tax leader of PricewaterhouseCoopers’ U.S. firm, where he plans to increase diversity and technology use.

Fans of the rap star Nelly have been listening to his music online to help him pay a $2.4 million tax lien from the Internal Revenue Service.

A roundup of our favorite recent tax fraud cases.

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

Interest rates remain unchanged for the calendar quarter beginning Oct. 1, the Internal Revenue Service reported.

Inflation-adjusted tax brackets are anticipated to go up a bit next year, according to a pair of new reports, but that could reduce the tax burden for many taxpayers.