Tax

Strategies for maximizing investment efficiency

Should they file a joint return, or married filing separate?

When people get paid in cash, they don’t always tell their tax preparer right away – if at all.

If the tax reform proposal unveiled earlier this week by Ways and Means Committee chairman Dave Camp is really “dead on arrival,” as some have suggested, why has virtually every organization with a stake in the tax process made an effort to comment on it? After all, it’s just a discussion draft.

The Internal Revenue Service said Thursday that only three weeks after the opening of tax season, it has already received about one-third of the individual income tax returns it expects to receive in 2014.

For a plan unlikely to become law anytime soon, Representative Dave Camp’s proposal to revamp the tax code is causing a lot of agitation among U.S. companies.

Americans who have been evading taxes through Swiss bank accounts are being advised by tax lawyers to come forward before the Justice Department steps up its own pursuit in response to Senate critics.

House Ways and Means Committee chairman Dave Camp, R-Mich., has released his long-awaited draft legislation on tax reform, to mixed reviews.

Credit Suisse Group AG helped American customers hide as much as $10 billion in assets from the Internal Revenue Service, more than double the amount previously known, according to a U.S. Senate committee report.

Grant Thornton has released a set of tax season tips for both individuals and businesses.