Tax

A former New York tax preparer was sentenced to nine years in prison for filing thousands of fraudulent tax returns using the stolen identities of minors.

The Treasury Department has issued a newly revised U.S. Model Income Tax Convention to provide the baseline text it will use when negotiating tax treaties with other countries. It was last updated in 2006.

Tax preparation is a very serious undertaking that needs to be managed and continuously improved.

Google saved $2.4 billion in worldwide taxes in 2014 by shifting 10.7 billion euros ($12 billion) in international revenues to a Bermuda shell company, Alphabet Inc., the parent of the Web-search provider, regulatory filings show.

The annual battle of tax preparers is nasty, brutish, and short. TurboTax, which dominates online filing, and H&R Block Inc., with 10,000 U.S. locations, have three months to win over taxpayers before this year's April 18 deadline.

A roundup of our favorite recent tax fraud cases.

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

The Internal Revenue Service has been unable to get control of rampant identity theft this tax season, despite high-profile efforts to confront the problem with the help of private industry.

Presidential candidate Ted Cruz’s tax proposals, which include cutting taxes for most individuals and replacing the corporate income tax with a flat 16 percent business tax, would reduce federal revenue by $8.6 trillion over a decade and “almost surely depress the economy over the long run,” according to a policy study and its authors.

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