Tax

A 199A formula; changes in gifting; scams and scandals; and other highlights from our favorite tax bloggers.

The American Institute of CPAs is asking the Internal Revenue Service to rethink its proposed changes to the tax transcript process, contending they would delay the process of getting copies of old tax returns for clients.

For some hedge fund investors, President Donald Trump’s tax overhaul adds insult to the injury from poor investment performance.

False accusations against a taco chain in Seattle offer a cautionary tale for businesses and their advisors.

The Internal Revenue Service issued a notice Monday saying it is developing guidance on integrated health reimbursement arrangements and how taxpayers and businesses can avoid extra penalties and payments.

The Internal Revenue Service is reminding taxpayers about a change under the new tax law that limits exchanges of property.

A wide-ranging survey on economic issues by EY found that millennials see the current U.S. tax system favoring high-income individuals and companies.

Criminals are faking tax transcripts to fool recipients into clicking on and opening documents containing malware that could infect their computers.

The practice management software company intends to release its first tax preparation product next summer.

The cost of the user fee for enrolled agents would rise from $30 to $67.