Tax

Repositioning real estate; state-level changes; the future of prep; and other highlights from our favorite tax bloggers.

Bloomberg Tax and Paychex have updated their technology to take into account the sweeping changes in the Tax Cuts and Jobs Act.

The Internal Revenue Service is warning taxpayers who owe more than $51,000 in tax debts they could have their passport applications or renewals denied unless they pay up.

Cherry Bekaert LLP, a Top 100 Firm, has expanded its state and local tax practice by acquiring Windward Tax LLC in Alpharetta, Ga., effective Dec. 31, 2017.

Tax season kickoff

The Supreme Court may be on the verge of tidying up an issue that has vexed states since the beginning of online sales—the attempt to collect tax on the sales by remote sellers into their states.

The service claimed it had six years to collect, but the three-year limit was upheld.

This approach can minimize taxes and risk for Baby Boomer owners looking to transfer a company.

They dodged a number of bullets, and other code changes could spur more giving, experts say.

The Internal Revenue Service plans to ask tax professionals additional questions before providing them with assistance as part of its efforts to improve security.