Tax

The Internal Revenue Service is seeking to force UBS Group AG to turn over records on an account in Singapore held by a U.S. citizen, potentially opening a new front against offshore tax evasion beyond Switzerland.

There are really two tax seasons every year, marked by two very different attitudes.

The Internal Revenue Service has temporarily suspended the Identity Protection PIN tool on its website after security vulnerabilities were discovered in the service, which is intended to help victims of identity theft.

Senator Bernie Sanders’s proposals for sweeping tax hikes on businesses and individuals to bankroll universal health care, infrastructure and free college tuition would raise $15.3 trillion over the next decade but “substantially reduce incentives to save and invest in the United States,” according to a new policy study.

Ohio Governor John Kasich and his wife Karen paid about $1.3 million in federal taxes on the adjusted gross income of $5.1 million that they earned over a seven-year period, according to documents released by the Republican presidential candidate’s campaign.

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

A roundup of our favorite recent tax fraud cases.

Facebook Inc. will stop routing advertising sales of its largest U.K. clients through Ireland, increasing its British tax bill by millions of pounds in a bid to improve transparency after facing criticism on tax avoidance.

The American Institute of CPAs is asking the Treasury Department to provide tax relief to the cross-border savings accounts of U.S. and Canadian citizens.

Despite government disapproval, corporate inversions still have fans