Tax

Notice says account transcript that includes a transaction code of “421” and the explanation “Closed examination of tax return” can serve as the functional equivalent of an estate tax closing letter.

Joe Brusuelas, chief economist at RSM US, discusses in this video the three major trends that accountants and their clients should be paying attention to in 2017.

The tax services provider has launched a new product to help DIY taxpayers e-file with more convenience.

Car maker, fresh from canceling a Mexico factory Donald Trump criticized, expects the incoming president to deliver on promises of tax reform that will benefit U.S. manufacturers.

The service has released its guidance for tax preparers on income tax refunds for 2017, including information on potential delays.

The American Institute of CPAs is asking the Internal Revenue Service to simplify the regulations and make them less of a burden.

Moore Stephens Doeren Mayhew has merged with Emerson & Partner U.S. Tax GmbH, a firm based in Zurich, Switzerland, effective Jan. 1, 2017.

A tax preparer charged with video voyeurism, as well as some more run-of-the-mill false medical and dental expenses in this week’s roundup of (loosely) tax-related cases.

The Internal Revenue Service and its partners in the tax preparation industry are improving their security measures ahead of the January 23 start of tax season.

Chief financial officers predict less gridlock in Congress on tax reform, according to a new survey by Deloitte.