Tax

An ex-math teacher turned Marseilles piano-bar manager who claimed links to Corsica’s underworld allegedly spearheaded a 385 million-euro ($478 million) tax scam and spent part of the proceeds on Beverly Hills real estate.

A practitioner dives into the details of the Tax Cuts and Jobs Act

President Donald Trump’s corporate tax cuts are already having a big impact.

If exploiting a tax loophole is as much an art as a science, then the tax planning profession is poised for a creative renaissance.

The IRS is warning tax preparers about their responsibilities for vetting clients.

The Internal Revenue Service generally did a good job last season creating processes to handle some of the new provisions affecting tax season, according to a government report, but there were a few areas where it could be improved.

The Minnesota Society of CPAs recently surveyed its members about the most outrageous tax deductions clients tried to claim on their tax returns. The list shows taxpayers often don't know which deductions are allowed or not.

The Internal Revenue Service warned tax professionals Friday to beef up their security measures and avoid clicking on some new phishing emails that can download malware onto their computers to steal their clients’ data.

Tax professionals need to be ready when clients have questions.

Oilmen, wildcatters and particularly refiners are reaping billions in gains from President Donald Trump’s tax overhaul, helping boost the staying power of old-style energy even as the world searches for cleaner fuels.