Tax practice

The European Union’s finding that Apple Inc. owes Ireland more than $14 billion in back taxes reveals the high cost the U.S. Treasury may pay by failing to keep pace in a global effort to stem corporate tax avoidance—and Apple might represent only the first major U.S. loss.

The IRS does not notify taxpayers it identifies as victims of employment-related identity theft and has not established an effective process to send the required notice to the Social Security Administration, according to a new report.

The candidates get more specific on their tax plans

Tax experts dig into the presidential candidates’ tax plans

The United States trade balance is out of whack. Once again, the U.S. is losing big in the world trade arena.

The IRS is looking for applicants for vacancies on its Advisory Committee on Tax Exempt and Government Entities, which provides a venue for public input on relevant areas of tax administration.

The Internal Revenue Service generally recovers computers from departing employees, according to a recent report – but that might just be luck.

Apple was ordered to repay as much as $14.5 billion plus interest after the European Commission said Ireland illegally slashed the iPhone maker’s tax bill between 2003-2014.

The Tax Court ruled that an award for an employment discrimination settlement should be included in a taxpayer’s gross income – but that he could deduct his attorney’s fees in the case above the line.

A roundup of our favorite recent tax fraud cases.

(Bloomberg) Apple Inc. is facing a potential tax bill running into billions of euros, according to people familiar with the situation.

The Internal Revenue Service is closing off admission to a program that allows large corporations to discuss and resolve their tax issues with the IRS before filing their tax returns, due to budget constraints.

The Internal Revenue Service has modified a policy it instituted earlier this year on not providing letter rulings or determination letters on certain tax questions related to distributions of stock of controlled corporations and will now provide them in two specific areas.

The Internal Revenue Service has released new guidance for taxpayers making certain elections and filing amended returns to take advantage of the tax extenders in last December’s PATH Act for bonus depreciation.

U.S. House conservatives are set to re-launch next month their effort to impeach Internal Revenue Service Commissioner John Koskinen, with or without Speaker Paul Ryan’s go-ahead.

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

7 questions to help protect your business clients

There’s probably no one “right” time for tax preparers to start a newsletter, but the end of summer might be an optimum time. Vacation memories are beginning to fade, and people are gearing up to get back into the real world of work, busy schedules and tax.

The Affordable Care Act has new surprises this year that can trip up employers and their advisors, experts warn.

The Internal Revenue Service and the Treasury Department are providing new guidance on the requirements for professional employer organizations seeking voluntary certification, relaxing some of the original requirements for submitting written opinions and attestations from CPAs.