Tax

Some of our favorite recent tax fraud cases.

The House and Senate held hearings Tuesday on the Organization for Economic Cooperation and Development’s Base Erosion and Profit Shifting action plan, also known as OECD BEPS, for combating tax avoidance by multinational corporations.

Congressional staff reportedly worked over the Thanksgiving weekend on negotiations over tax extenders, the dozens of expiring and already expired tax breaks that perennially occupy Washington just before the end of the year.

A host of tax tips for the approaching year-end.

The National Society of Accountants is offering some year-end tax tips for businesses, courtesy of Wolters Kluwer Tax & Accounting US.

The National Society of Accountants has released some suggested year-end tax tips for individuals, courtesy of Wolters Kluwer Tax & Accounting US.

The Internal Revenue Service has been developing a new system to detect fraudulent tax returns to replace an outdated system, but has not been able to phase out the old system, which could cost taxpayers an estimated $18 million per year to run both systems, according to a new report.

Deutsche Bank AG’s Swiss unit agreed to pay $31 million to receive a non-prosecution agreement in a U.S. probe of banks in Switzerland that helped Americans evade taxes.

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

Wolters Kluwer Tax & Accounting US has produced an infographic showing the states with the top 10 highest and lowest sales taxes, just in time for Black Friday and the kickoff of the holiday shopping season.