Tax

Bank agrees to pay $95 million to settle allegations it used underfunded shell companies to evade taxes, the second time since 2010 that it resolved a government tax case.

Senator Ron Wyden, D-Ore., the ranking Democrat on the Senate Finance Committee, introduced legislation Wednesday requiring President-elect Donald Trump to release the three most recent years of his tax returns.

The Internal Revenue Service has released guidance easing penalties for some mistakes.

Here's how clients can get around income limits and continue making contributions. Plus, tips for updating a client's financial plan now and dramatically increasing wealth after the IRS gets paid.

Victims of the October storm in parts of North Carolina may qualify for tax relief from the IRS.

Kicking off the New Year with: Four Good Tax Moves; “Tax Offender of the Year; “Social Media Checklist for Tax Preparers;” and other highlights from our favorite tax bloggers.

On Dec. 31, 2016, Code Section 457A put to an end to the strategy of deferring compensation in tax-advantaged jurisdictions offshore.

The annual question has come around again: How much should you charge clients for preparing and filing their returns?

Regulations would cover withholding and reporting on money made from horseracing, dog races and jai alai pari-mutuel betting, along with reporting on bingo, keno and slot machine payouts.

Public debates over undocumented immigrants often suffer from scarce and erroneous information about their tax contributions, particularly at the state level.