Tax research

The Internal Revenue Service’s risk assessment process does not provide a reliable assessment of the risk of the improper payments in the IRS’s revenue funds, according to a new report.

As Presidents’ Day Week winds down, it seems logical to pay a little attention to Presidents Washington and Lincoln, especially their wisdom and the positions they held on a number of the issues they faced in their time.

The Organization for Economic Cooperation and Development is pointing to wide disparities in the low tax rates paid by many multinational corporations compared to the taxes paid by individuals and small businesses.

State budgets across the country collectively lost an estimated $40 billion in tax revenue due to corporations and individuals shifting their profits and income to offshore tax havens, according to a new report.

What has almost 4 million words and is one of the most complex and least transparent documents of the century? Our Tax Code.

Sunday marked the 100th birthday of the U.S. federal income tax with the passage of the 16th Amendment to the Constitution on Feb. 3, 1913.

CCH has introduced the CCH Code & Regs 2013 App, a mobile app for Apple iPhone and iPad and Google Android devices.

Tax executives from Global 2000 companies are increasingly relying on tax compliance strategies and planning when dealing with sales and use taxes and indirect taxes like the value-added tax.

Tax preparers charge an average of $246 to prepare an itemized Form 1040 with a Schedule A and a state tax return, according to a survey by the National Society of Accountants.

Bloomberg has introduced a Tax Practice Center to complement its tax law research service.

CCH has issued a new report looking back at the year in tax, summarizing the major developments up to and including the fiscal cliff legislation that was passed by Congress on New Year’s Day.

Avalara has acquired UPC code taxability database UPC Matrix Master, which adds in a multi-state, product database that maintains taxability information for more than 10 million products in thousands of tax jurisdictions across the U.S.

CCH has enhanced its entire series of CCH Smart Charts, including State Tax Smart Charts, Worldwide Tax Rates and Answers, and Federal Expiring Provisions Smart Charts for Apple iPhone, iPad and Android mobile devices.

CCH has introduced a new tax planning tool to help tax advisors and their clients keep a step ahead of the fiscal cliff negotiations in Congress and the White House.

States are creating fiscal risks for themselves by neglecting to control the costs of tax incentives for economic development, according to a new report from the Pew Center on the States.

CCH has issued a new tax briefing explaining the Internal Revenue Service’s proposed regulations on the Additional Medicare Tax and Net Investment Income Tax that will take effect in January as a result of the health care reform law.

The American Institute of CPAs has written a letter to the Internal Revenue Service and the Treasury Department asking for changes in proposed regulations for tax practitioners.

With the alternative minimum tax still unpatched for this year and estimated to spread to an additional 28 million households next tax season unless Congress acts to avert the fiscal cliff, newly released statistics from the Internal Revenue Service reveal that even the patched AMT hit millions more households in 2010 than in 2009.

CCH, a Wolters Kluwer business, has released two new mobile tax information apps for iPhone, iPad, and Android devices -- CCH Applicable Federal Rates 2012 and CCH Tax Rates and Tables 2012 -- adding to its line of mobile applications.

New River Innovation has enhanced its Beyond415 Guidance product, a Web-based research center for resolving issues after tax filing, with key features including searchable guidance covering individual, business, and payroll areas of IRS practice and procedure.