tax avoidance

The Obama administration will unveil its plan to close offshore tax avoidance loopholes today, which target both U.S.-based multinational corporations and wealthy individuals, according to The Wall Street Journal. Up until now, the administration's main focus has been wealthy individuals who hide...

The Internal Revenue Service has released its 2008 list of the 12 scammiest tax scams, with internet phishing and frivolous tax arguments topping the list. The IRS puts this list together each year to keep consumers aware of the latest and greatest tax scams -- and to help them avoid being taken in...