Tax

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

Republican Senator Rand Paul’s plan to overhaul the U.S. tax system calls for a 14.5 percent federal flat tax for consumers and companies, the elimination of almost all deductions and the abolition of several other levies.

A New Jersey tax preparer was convicted of tax fraud for getting unearned tax refunds for his clients to make extra money for himself.

It’s one of the sweetest employee perks in the hedge-fund world: a chance to invest in Medallion, the wildly profitable fund created by market legend James Simons.

ATAX, a Latino-owned tax preparation, bookkeeping and payroll services franchise company, reported Monday that the 2015 tax season was its strongest since it began franchising in 2007.

Rep. Jason Chaffetz, R-Utah, and a bipartisan group of lawmakers have teamed up to introduce new legislation that aims to make it easier for states and localities to collect sales taxes on online purchases and other remote transactions.

The Internal Revenue Service is reminding all taxpayers with a filing requirement for a foreign bank account report to report their foreign assets by the June 30 deadline.

Some of our favorite recent tax fraud cases.

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

When taxpayers rent out a room on Airbnb, they may realize that any compensation they receive is subject to income tax. Lodging tax, however, is probably not on their minds.