Tax

The Swiss and U.S. governments have signed a memorandum of understanding on interpretations of their agreement on implementing the Foreign Account Tax Compliance Act, or FATCA.

Bloomberg BNA has begun a joint initiative with Tax Materials, the producers of the tax reference book series TheTaxBook, to include content from TheTaxBook in Tax Prep Guides that will be offered as part of Bloomberg BNA’s Tax Practice Series.

Bob Moritz, chairman of PricewaterhouseCoopers LLP since July 2009, sat down with Accounting Today on Friday to discuss some of the issues facing the accounting profession and how PwC has been adapting to changes in the economy and accounting, as well as his encounter with Michelle Obama when handing her the envelope for the Academy Awards.

Senior tax professionals are most worried about the prospects for U.S federal business tax reform and the heightened regulatory environment in transfer pricing, according to a new survey by KPMG.

A group of 42 major corporations have joined together to form a new lobbying coalition to press for corporate tax reform.

Marcum’s LGBT practice leaders sat down with managing editor Tamika Cody to discuss some of the inequalities LGBT clients face when trying to file taxes.

Virtually all tax preparers were adversely affected by the late start to the 2013 filing season, with the added complications of late forms, late information from brokerage houses and, in some cases software glitches.

The principles behind the passive-activity loss limitations rules under Code Sec. 469 and the net investment income Medicare tax under Code Sec. 1411 are similar -- limit business losses from passive activities or raise the tax on passive-type income a bit more, when not the direct result (at least not a significant part) of a taxpayer's labor. Congress, however, did not leave it at that -- or, as some would argue, leave well enough alone.

Your spouse or partner seems strangely distant or removed, so what's going on? Ponder as you might, it just doesn't seem to add up. Suddenly you scan the calendar, and it comes to you, crystal clear -- it is tax season!

H&R Block has introduced a remote service for U.S. citizens living abroad that will help them meet their often confusing tax-filing obligations.