Tax

A roundup of our favorite recent tax fraud cases.

Thomson Reuters released a content update to the Checkpoint Catalyst tool to help professionals comply with the financial reporting requirements set by the FASB.

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

While life insurance can be an income tax-free asset when structured appropriately, the income tax laws may result in the transfer of life insurance policies that are income taxable to both the transferor and the transferee.

Hillary Clinton is proposing a tax on the flash boys that may be unlike any in the world.

The Internal Revenue Service has revised and updated its publication on how businesses should protect taxpayer data.

The Internal Revenue Service has issued a consumer alert about possible fake charity scams emerging due to severe flooding this month in South Carolina and neighboring states.

Bloomberg BNA has released an analysis of the state tax challenges associated with cloud computing.

Sen. Ron Wyden, D-Ore., the ranking member of the Senate Finance Committee, sent a letter to Treasury Secretary Jack Lew urging him to recover the tax benefits earned by Volkswagen for the cars it sold that turned out to have their emissions tests rigged, but without penalizing the taxpayers who had purchased the supposedly energy efficient vehicles and claimed tax credits for them.

Louisiana governor and Republican presidential candidate Bobby Jindal released a tax reform plan that would require all Americans to pay taxes.