Tax

Apple Inc. has set up a court battle with European Union competition watchdogs who ordered Ireland to claw back a record 13 billion euros ($13.6 billion) in unpaid taxes.

The IRS has set prescribed rates for federal income tax purposes in Revenue Ruling 2017-02.

TurboTax has introduced a tax preparation solution for the self-employed called TurboTax Self-Employed.

A whistleblower is claiming that JPMorgan Chase & Co. may have issues with the IRS over claims that the bank failed to tell wealthy clients it was steering them into its own funds.

Tax policy plays a major role in the incoming administration’s plans to boost the U.S. economy in 2017 and beyond, but they’ll need to pursue it carefully, according to Joe Brusuelas, chief economist at the Top 5 Firm.

With Republican control of Congress and the presidency, most practitioners think some kind of change is coming to the Tax Code – but they differ wildly on what form it will take.

As the end of the year approaches, many of us are focused on taking advantage of tax break opportunities before another year begins.

The IRS's annually updated standard mileage rates for deducting costs of operating an automobile come with some important rules.

Gary DuBoff of MBAF discusses the tax reform proposals from President-elect Trump and congressional Republicans.

American Institute of CPAs transmits a collection of suggested changes to Congress’s main tax-writing committees to consider next year.