Tax

The Internal Revenue Service isn’t effectively auditing corporations despite a change in how the agency conducts tax examinations that was supposed to make the process more efficient, according to the agency watchdog.

The Internal Revenue Service is cautioning taxpayers and tax professionals to beware of a new twist on an old scam.

Bad intentions; all adults here; pool party; and other highlights of recent tax cases.

Over the last few years, captive insurance has become the tax shelter du jour for accountants and wealth planners looking to find ways to help their small business owner clients reduce their tax exposures. Now the IRS is cracking down on the scheme.

The House Ways and Means Committee approved legislation that would tax e-cigarettes, such as vaping devices, the same as tobacco products.

The Senate rejected a Democratic proposal that sought to give states leeway to help residents avoid the $10,000 limit on deductions for state and local tax payments.

5 key deadlines and structuring steps you and your clients can’t afford to miss.

Lawyers for Donald Trump asked a federal appeals court to recognize broad legal immunity protecting the president, his companies and business associates from criminal investigation.

Democrats are staging a long-shot attempt to chip away at the Republican tax law’s limit on state and local tax deductions, finding few GOP allies despite potential benefit for Republican-led states.

The problem with pyramids; costs of Medicare for All; advising on education costs; and other highlights from our favorite tax bloggers.