Tax

Status guilty; felony charges dropped against New York CPA; sales fails; and other highlights of recent tax cases.

Despite legislation in 2015 giving the tax agency more time to double-check returns claiming the EITC and the ACTC, the process often doesn't work.

The U.S. Department of Treasury and the Internal Revenue Service issued guidance seeking to close a loophole that hedge-fund managers had been trying to exploit to avoid paying higher taxes on carried-interest profits.

The Internal Revenue Service wants taxpayers to make sure they have the proper amount of taxes taken out of their paychecks.

Major corporations have authorized $200 billion in stock purchases in the two months since the passage of the new tax law while more than 55,000 American workers have been laid off, according to Senate Democrats.

The Internal Revenue Service has issued a notice extending the relief it provided last year to residents who evacuated or couldn’t return because of the damage caused by the monster storms.

He who must be named; what’s changing and what isn’t; spins of the Coin; and other highlights from our favorite tax bloggers.

Sen. Sheldon Whitehouse and Rep. Lloyd Doggett have proposed legislation in the House and Senate to ensure multinational companies pay the same tax rate on profits earned abroad as they do in the U.S., to counter some of the effects they claim from the Tax Cuts and Jobs Act that Republicans passed last December.

The new tax law is anticipated to have a big impact on mergers and acquisitions, according to a new survey by Deloitte.

GRTs are being considered across the country as an improvement on state corporate income taxes -- but they come with serious issues.