Tax

The service released a Data Book Thursday highlighting its work this past fiscal year, particularly in response to the pandemic.

Faster than a speeding fraud; significant adjustments; register schmegister; smoked out; and other highlights of recent tax cases.

The cost of the expenditures would be offset by a variety of revenue-raising provisions, including stronger enforcement of tax collections from the wealthy.

Late M&A banker Jean-Marc Forneri’s Swiss lawyer and wealth manager were found guilty of helping him conceal assets and dodge taxes in a French crackdown on those who facilitate financial crime.

The IRS, tax preparers and taxpayers all scrambled to keep up with a rapidly changing situation this year.

The advisory committee’s annual report to Congress highlights the dangers of cutting the service’s budget.

The former president and the House Oversight Committee failed to agree on the release of his financial documents after several rounds of negotiations.

Facing an indictment on tax charges in the U.S., McAfee had been in Spanish custody since October.

The group proposed $40 billion in Internal Revenue Service funding to yield $103 billion.

Companies and their advisors first need to determine who has the authority to grant such tax benefits.