Tax

Rupert Grint, who played Ron Weasley in the Harry Potter movies, failed in an effort to recover approximately 1 million pounds on his tax refund from the United Kingdom, showing that Expelliarmus spells don’t work with the U.K. tax authorities.

Donald Trump’s campaign is preparing to tweak one of his boldest tax proposals out of concern that it might lead some high-income earners to try “to scam the system,” one of the Republican presidential nominee’s economic advisers said.

For several decades, estate planners have been using entities such as family limited partnerships or family limited liability companies as an estate planning tool.

A former Internal Revenue Service employee was sentenced Wednesday to nine years and two months in jail for leading a $1 million identity theft scheme that ensnared hundreds of taxpayers.

The Internal Revenue Service is sounding the alarm about a new scheme in which scammers send emails purporting to come from tax software companies, instead fooling tax preparers into clicking on a link that will load malware on their computers.

The Internal Revenue Service is recommending tax professionals monitor their Preparer Tax Identification Numbers for signs of suspicious activity.

The Internal Revenue Service has issued a revenue procedure saying a charitable remainder annuity trust that includes a sample provision in its governing agreement won’t be subject to a test that could disqualify it.

When Donald Trump first rolled out his tax plan last October, it contained a major boon for the middle-class—a near quadrupling of the standard income-tax deduction, to $25,000 for individuals and $50,000 for couples filing jointly.

Thomson Reuters has added content to its Checkpoint Catalyst tax and accounting research service on passive foreign investment companies and sales and use tax exemptions for manufacturers.

Donald Trump has cast himself as the establishment’s worst nightmare, but his new economic plan borrows heavily from the traditional Republican playbook in seeking to return the U.S. economy to the pre-crisis days of headier growth.