Tax

The Internal Revenue Service has been developing a new system to detect fraudulent tax returns to replace an outdated system, but has not been able to phase out the old system, which could cost taxpayers an estimated $18 million per year to run both systems, according to a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

The Internal Revenue Service sent out an alert Tuesday warning tax preparers about an phishing email message purporting to ask them to update their IRS e-Services information.

Ireland is about to get a new biggest company, and it’s only a little smaller than the nation’s entire economy.

Ernst & Young has released the EY Tax Guide 2016, adding new chapters of information on tax preparation.

Tax pros weigh in on who they most hate to see walk in the door

Jackson Hewitt Tax Service has opened for the next season with a new Year-End Tax Planner service that will estimate 2015 taxes and refunds.

Some of our favorite recent tax fraud cases.