Tax

The "Cum-Cum" tax scandal has embroiled some of the biggest banks in the country.

The agency is also looking for feedback on the guidance by next March.

Extension battle goes on; flipping out; correcting clients' misinformation; and other highlights from our favorite tax bloggers.

Morningstar's study of this growing area of asset management suggests that 529 plan quality is rising, despite the research firm's lackluster grades for it.

The American Institute of CPAs advised the Treasury and the IRS to simplify the tax reporting requirements for partnerships and S corporations — or passthrough entities.

Lengthy utility permitting times could imperil customers' tax credits if their systems aren't in place by Dec. 31.

A group backed by financier Michael Sacks has started funding ads against Chicago's plan to bring back a tax on large corporate payrolls.

Plus, Karbon launches smart tax organizers and binders with Stanford Tax; and other accounting tech news and updates.

By any other name; a different kind of clearing house; dodgy digital; and other highlights of recent tax cases.

The release coincides with a $6.25 billion donation from Michael Dell and his wife to kickstart the savings program.