Rothschild Bank AG, the Zurich-based private bank of the Rothschild financial dynasty, became the latest Swiss bank to be fined by the U.S. Justice Department for helping Americans conceal assets offshore.

H&R Block is testing new technology that uses Facebook’s Oculus virtual reality equipment to provide avatars of tax preparers for customers of the future.

The Internal Revenue Service has released new guidance on penalties for failing to file a foreign bank account report, capping the maximum percentage of the penalty and providing new requirements for documentation and approval by IRS examiners.

The Internal Revenue Service discovered last month that criminals accessed around 104,000 tax returns through its Get Transcript application and tried to get hold of approximately 100,000 more.

The IRS’s initiative to expand online services for taxpayers makes it more likely that the U.S. tax agency will be hit by “hackers and other fraudsters,” the agency’s inspector general said Tuesday.

Microsoft Corp. and the IRS are back in court, this time fighting about the U.S. tax agency’s interest in hiring David Boies, the lawyer who beat Microsoft in an antitrust case in 2000.

The U.S. investigation of corruption in soccer’s governing body is moving to a new phase that will bring criminal charges against more people, the Internal Revenue Service’s chief investigator said in an interview.