Tax Strategies

The U.K. taxman is coming under fire over its program giving the wealthy one last opportunity to disclose income or assets stashed in secretive offshore accounts.

High-end real estate brokers in New York worry that foreign second-home buyers are feeling under assault from all sides and may end up going elsewhere.

A top Senate Democrat is looking to end tax breaks for college donations that parents may be making to universities in an attempt to get their children admitted.

Rep. Lloyd Doggett of Texas and Senator Sheldon Whitehouse of Rhode Island introduced a pair of bills aimed at stopping corporations from using offshore tax havens and outsourcing jobs to other countries.

Congressional witnesses called for more certainty around the provisions.

The Institute for Professionals in Taxation will hold its two State Income Tax Schools this July in Hartford, Conn. for SALT professionals.

Repeat tax debtors and their tax pros should use tax season to clear up past balances.

Bill Gates, Elizabeth Warren and Bernie Sanders all want the rich to pay more taxes, but Gates is saying what the Democratic candidates appear to be thinking: Go for the capital gains rate.

European Union finance ministers agreed to add 10 countries to a blacklist of alleged tax havens, including the United Arab Emirates and Bermuda, despite last-minute push-back by some EU nations.

New York Assembly Speaker Carl Heastie added momentum to the idea of taxing non-resident owners of multi-million dollar apartments as a way to help pay for billions of dollars of regional transit improvements.