Tax

A Swiss banker used a toothpaste tube a decade ago to smuggle diamonds into the U.S. Prosecutors now say an Israeli bank employee devised a new way to help a U.S. client hide assets from the Internal Revenue Service: She carried account statements into the country on a USB flash drive concealed in her necklace.

A roundup of our favorite recent tax fraud cases.

Many taxpayers have multiple Individual Retirement Accounts and 401(k) accounts, and as the baby boom generation enters its retirement years, more clients than ever are going to need advice from a tax professional about how to handle the complicated rules for required minimum distributions from the accounts once they finally retire.

Massachusetts decided this year to cancel its sales tax holiday, and in the years ahead other states may decide to follow suit.

Facebook Inc.’s future cash flows and results could suffer a major blow if it loses a battle over new U.S. tax liabilities related to the transfer of its global operations to Ireland in 2010.

Even as you woke up from that three-day nap after April 18, you knew you had to make money the rest of 2016, too. Lucky you’re in a field where that’s getting easier.

Tax practitioners and their baby boomer clients are beginning to cope with a monumental financial and tax event—the onset of required minimum distributions from traditional IRAs and qualified plans.

Highlights of some of our favorite tax-related blogs from the past week.

The Organization for Economic Cooperation and Development, together with its Global Forum members, is intent upon providing transfer pricing tax risk assessment assistance to tax administrations.

Looking for a gift to give after all those June weddings? How about some solid tax advice for the newlyweds?