Tax

Here's how clients can get around income limits and continue making contributions. Plus, tips for updating a client's financial plan now and dramatically increasing wealth after the IRS gets paid.

Victims of the October storm in parts of North Carolina may qualify for tax relief from the IRS.

Kicking off the New Year with: Four Good Tax Moves; “Tax Offender of the Year; “Social Media Checklist for Tax Preparers;” and other highlights from our favorite tax bloggers.

On Dec. 31, 2016, Code Section 457A put to an end to the strategy of deferring compensation in tax-advantaged jurisdictions offshore.

The annual question has come around again: How much should you charge clients for preparing and filing their returns?

Regulations would cover withholding and reporting on money made from horseracing, dog races and jai alai pari-mutuel betting, along with reporting on bingo, keno and slot machine payouts.

Public debates over undocumented immigrants often suffer from scarce and erroneous information about their tax contributions, particularly at the state level.

Stealing from Toys for Tots, inflated refunds, Honduran birth certificates and more from our favorite recent cases.

The service saw a record number of filings this year, and collected $1.4bn in income tax.

Notice alerts taxpayers and practitioners the Service may challenge certain investment schemes as tax avoidance transactions.