Tax

Eighteen months, guaranteed; former CPA, current inmate; trust them not; and other highlights of recent tax cases.

The American Institute of CPAs is asking the Internal Revenue Service to provide relief from tax penalties to taxpayers who are required for the first time to file information returns related to Controlled Foreign Corporations.

President Donald Trump said on Thursday he will nominate California tax attorney Charles “Chuck” Rettig to lead the Internal Revenue Service as it puts the Republican tax overhaul into practice.

Ever since the passage of the Tax Cuts and Jobs Act, the headlines have been buzzing about the resulting income tax consequences for individuals and businesses, but what about the intersection with estate planning?

The Internal Revenue Service said Thursday it saw dramatic declines in tax-related identity theft last year, thanks to the effort of the Security Summit, which brings together the IRS with state tax authorities and the tax industry.

The Internal Revenue Service is making progress on improving its authentication processes after a string of data breaches on some of its e-Services and online apps, but some of the improvements haven’t been completely implemented, according to a new report.

The Internal Revenue Service is expected to refund disabled veterans an estimated $78 million that was wrongly withheld from their disability severance pay.

Tax cuts signed by an America First president are turning out to be a major boon to some of the world’s biggest automakers—except those based in the U.S.

That ain’t hay; Minnesota wins Super Bowl; driving preparers crazy; and other highlights from our favorite tax bloggers.

President Donald Trump plans to nominate California tax attorney Charles “Chuck” Rettig to head the Internal Revenue Service as it implements the nation’s tax code revamp, according to a person familiar with the deliberations.