Tax

Volkswagen AG’s Porsche sports car unit is under investigation by the Stuttgart tax office over the way it accounted for marketing and catering expenses during the past 8 years, according to people familiar with the matter.

Bonus depreciation has changed tremendously over the past few years as companies use it to focus on revitalizing and rehabbing their companies and properties.

Select falsehoods; buffet of crime; unmerrie melodies; and other highlights of recent tax cases.

Thomson Reuters Checkpoint Catalyst has published an analysis of the new Section 199A qualified business income deduction for pass-through entities ushered in by the Tax Cuts and Jobs Act.

Moving through tax season affords accounting professionals an excellent platform to educate your clients about how best to approach their long game.

Leaders of tax enforcement authorities from the five countries have allied to create the Joint Chiefs of Global Tax Enforcement (or J5), to collaborate in fighting international and transnational tax crimes and money laundering.

Charles Rettig, President Donald Trump’s nominee to head the IRS, omitted mention on a disclosure form that the two rental properties in Hawaii in which he has a stake are at a Trump-branded resort, according to a memo by the top Republican and Democrat on the Senate Finance Committee.

Charles Rettig, a tax lawyer who is Donald Trump’s pick to lead the IRS, told lawmakers Thursday he’d never represented a client who has been under a continuous agency audit for a decade, as is the case with the president, and that he doesn’t know any details of the review.

The service has set a five-year strategic plan and goals

The House Ways and Means chairman hopes to begin circulating draft legislation this summer, but only among his Republican colleagues. He envisions tax reform 2.0 as a package of three or four bills, instead of a single piece of legislation like the Tax Cuts and Jobs Act that Congress passed last December.