Tax

A Swiss firm and five bankers were charged with tax fraud conspiracy for allegedly helping hide $60 million in assets.

The 140 countries attempting to conclude years of negotiations are racing against a ticking clock.

A revival of the pollution-prevention tax will hit affected industries with higher rates than the original.

Two TIGTA reports still see room for improvement, however.

The proposal would have banks report on accounts with more than $10,000, instead of the original $600.

One suggested that a two-year repeal of the $10,000 cap will be the final solution.

That regulation question; ARP can’t enforce tax cuts; email protection; and other highlights from our favorite tax bloggers.

Farmers and ranchers may have another year to defer tax on gains from sales.

Waiting until after potential rate increases go into effect could lower values.

The prospects for specific tax changes in the Build Back Better Act appear murky right now, but there could be more clarity later this week.