Tax research

The Senate Finance Committee held hearings on tax reform for individuals, the latest in a series of hearings on tax reform.

The alternative motor vehicle credit is difficult for the Internal Revenue Service to administer because of complex tax laws, according to a new report.

A group promoting pastors’ First Amendment rights has announced an initiative to challenge the ban on endorsements of political candidates by tax-exempt organizations.

Internal Revenue Service Commissioner Douglas Shulman promised to continue enforcement efforts against tax shelters and provide clearer tax guidance.

The House has passed housing legislation to help homeowners threatened by foreclosure, including tax benefits to sweeten the package.

The Treasury Department paid out an additional 22.18 million economic stimulus payments, or tax rebates, to American households last week, for a total of $20.138 billion.

Cindy McCain, the wife of presumptive Republican presidential nominee Sen. John McCain, R-Ariz., has refused to release her tax returns.

Much of the excess tax collected by the Internal Revenue Service from businesses for telephone excise taxes is not being claimed or refunded, according to a new report.

The New York State Senate has agreed to suspend the gasoline tax for the summer, as the topic continues to be the talk of presidential candidates.

The Justice Department has sued a South Holland, Ill., tax preparer and her company to bar them from preparing tax returns, claiming they are responsible for more than $12 million in tax losses for the government.

A new poll shows that most Americans don't want state or federal tax agencies to prepare their taxes.

A merger between two corporate tax prep firms in Australia aims to give new competition to the Big Four.

Senate Democrats have proposed legislation that would roll back $17 billion in tax breaks for oil and gas companies and impose a 25 percent windfall profits tax on the companies.

The Internal Revenue Service's Electronic Crimes Program needs to have more controls in place, says a new report.

The New York State Society of CPAs plans to hold its 29th Annual New York CPA Business & Technology Show & Conference on May 14 and 15 at the New York Hilton Hotel, featuring Tracy Byrnes of Fox Business News and IRS Special Agent Mike Minto as speakers.

The Tax Court issued an unusually stern rebuke to the Internal Revenue Service in a case it decided last week involving a huge group of tax shelter defendants.

A memo from the Internal Revenue Service's Large and Mid-Sized Business Division introduces new LMSB Procedures for tax return preparer penalty cases.

Amper Politziner & Mattia has merged with Goldenberg Rosenthal to create one of the largest regional firms in the Northeast.

With the current estate tax regime set to expire in 2010, it’s time to consider what comes next, say the nation’s tax experts.With that sunset date fast approaching, the Tax Division of the American Institute of CPAs has taken its comprehensive reform proposal and boiled it down to a top-seven priority list of suggested reforms that it urged Congress to pass prior to the expiration date.

The Treasury Department said it has sent out 7.708 million economic stimulus payments, or tax rebates, in the first week, totaling $7.091 billion.