Tax

Donald Trump used a charitable foundation he controls as a "personal ATM machine," Senate Minority Leader Harry Reid said on the Senate floor Tuesday, escalating his party’s attack on the Republican presidential nominee over reports that he mixed charitable and business interests.

Assets in college savings plans named for an obscure section of the Internal Revenue Service code hit a new record this summer, totaling $266.2 billion. That’s up 5.1 percent from a year ago, when assets in the accounts stood at $253.2 billion.

Vertex has released a suite of scalable tax solutions for the Oracle ERP Cloud suitable for companies of any size.

Win or lose, CPAs providing financial and tax advice to their clients might be in treacherous territory.

Highlights of some of our favorite tax-related blogs from the past week.

Inflation-adjusted tax brackets for the 2017 tax year, based on the average inflation index for the 12-month period ending on August 31, 2016, show a slight uptick for the year ahead, according to Wolters Kluwer’s George Jones.

Roy Weathers recently stepped into the role of tax leader of PricewaterhouseCoopers’ U.S. firm, where he plans to increase diversity and technology use.

A roundup of our favorite recent tax fraud cases.

Highlights of some of our favorite tax-related blogs from the past week.

Our weekly roundup of tax-related investment strategies and news your clients may be thinking about.