Tax

For tax preparers getting ready for tax season, the environment has changed, according to Annie Schwab, tax manager at Padgett Business Services.

The Internal Revenue Service still has some work to do to strengthen the controls over its Electronic Authentication Process after criminals gained access to an estimated 724,000 taxpayer accounts through its online Get Transcript application last year, according to a new report.

The United Arab Emirates is setting up a federal tax authority that will be in charge of collecting levies, as the oil-rich Gulf nation seeks to diversify its revenue base with value-added taxation.

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

Parsing the new partnership audit rules

Our weekly roundup of tax-related investment strategies and news your clients may be thinking about.

Tax pros discuss do-it-yourself filers

The perilous calculus associated with retirement

The U.S. Treasury Department softened new rules aimed at preventing multinational companies from shifting their profits offshore to lower-tax countries—a response to sustained criticism from big business and from members of Congress, who had asked that they be delayed and scaled back.

A roundup of our favorite recent tax fraud cases.