Tax

The president is leaning toward preserving a trillion-dollar tax break for corporate borrowers—a move that economists say could jeopardize his goal of robust economic growth.

IRS experience is no shield from jail; $6 million in bogus deductions; ignoring injunctions; and other highlights of recent tax cases.

CPAs and their business clients and corporate tax departments need to consider different scenarios for the possible corporate tax reforms now being weighed in Congress.

A hedge fund manager says the British tax collection agency can’t investigate his 2009 finances because of a mistake in the letter warning him about the probe.

The Internal Revenue Service recently published an update to Publication 5146, Employment Tax Returns: Examinations and Appeal Rights, explaining the procedures IRS auditors use to conduct employment tax examinations and an employer’s rights and responsibilities during and after the examination process.

Deduction alternatives; the death of Medicare tax; a phony Social Security number; other highlights from our favorite tax bloggers.

High-net-worth individuals coming to the U.S. need good planning advice.

The tax prep chain saw 4 percent revenue growth, and a 6.6 percent jump in same-store sales.

The IRS is reminding nonprofits not to include Social Security numbers in filings.

Four of the most significant transnational organizations are working together to eliminate transfer pricing schemes and abuses.