Tax

Preparer for illegal aliens pleads; wheat tricks; Ace goes down; and other highlights of recent tax cases.

Have you discovered the latest and greatest tax planning strategy? Before suggesting it to clients, consider the ever-persistent loophole cycle.

When contemplating a 1031 exchange, one of the most commonly overlooked issues by investors is state taxation.

The tax law gave a last-minute windfall to commercial property owners such as President Donald Trump. But regulations proposed by the Internal Revenue Service could diminish the benefit.

Global economic confidence among accountants declined sharply in the third quarter, reaching its lowest level since early 2016, according to a survey released Thursday by the Association of Chartered Certified Accountants and the Institute of Management Accountants.

Authorities tried to collect an allegedly unpaid $655,000 unemployment tax bill, but car maker said it's a clerical error.

A former Julius Baer banker who leaked documents from a Cayman Islands subsidiary was cleared of breaking Swiss banking secrecy by Switzerland’s top court, creating possible problems for how the Alpine nation’s banks manage their foreign units.

Ordinary families might stash spare cash under a mattress or in a safety deposit box. South Korea’s Lee family are so rich they spent years leaving billions of dollars under the names of their employees.

U.K. cake baker Patisserie Holdings Plc suspended its chief financial officer after uncovering “significant, and potentially fraudulent, accounting irregularities” and a demand for more than a million pounds in back taxes.

Firms’ winter policies; SALT county by county; new forms and a potentially delayed season; and other highlights from our favorite tax bloggers.