Tax

Scare tactics about the IRS; marketing for one; a new blog; and other highlights from our favorite tax bloggers.

The Inflation Reduction Act has highlighted the perpetual tension within the agency between helping taxpayers and auditing them.

There are several key strategic considerations for the in-house practitioner to put their company in a strong position to resolve a tax dispute.

Most studies showing "tax alpha" through tax-loss harvesting assume investors are already rich, taxed in the highest brackets and flush with short-term capital gains.

The proposed update aims to improve the accounting and disclosures for investments in tax credit structures.

The bill would force the rich to declare their assets at current value, unlike the old law, which allowed them to report assets at their original purchase price.

The Empire State is expanding a tax break that allows smaller companies to circumvent the $10,000 limit on state and local tax deductions.

To expand the affordability of energy-efficient vehicles for U.S. consumers, the law made changes to the tax credit for all-electric cars and hybrid plug-ins.

Michael Cohen, who was sentenced to three years in prison for violating campaign-finance laws for the former president, criticized New York prosecutors for their leniency with a former colleague.

The service's Appeals office is asking taxpayers and tax pros to weigh in on its final guidelines for use of its video meeting option.