Tax research

Electronic tax filing for individuals and businesses set a record in 2008, according to the Internal Revenue Service.

The Justice Department and the Internal Revenue Service have accused a senior executive at UBS of helping U.S. taxpayers evade income taxes on approximately $20 billion in assets.

The next Congress and the Obama administration are expected to make major changes in both individual and business taxes, said a panel of Ernst & Young tax experts.

The House Committee on Oversight and Government Reform held hearings on the role of hedge funds in the financial crisis and whether they should be more strictly regulated.

The Internal Revenue Service is doling out nearly $8 million in matching grants to groups around the country participating in its Volunteer Income Tax Assistance program.

CCH has introduced two online tax research products for solo practitioners and small to midsized CPA firms.

The Treasury Department’s financial rescue plan has quickly provoked controversy in the month since it was passed, not least because of an IRS rule change that could well violate the Tax Code.

Nations around the world are reducing corporate taxes, according to a report by PricewaterhouseCoopers.

Former NFL player Ben Coleman was sentenced to three years in jail on charges of federal tax evasion, identity theft and the filing of false loan applications.

Singer Melissa Etheridge said she will stop paying her California state taxes after voters there approved a ballot measure banning gay marriages.

The American Institute of CPAs has given one of its most prestigious awards to tax attorney Albert B. Ellentuck.

Accounting firm Rosen Seymour Shapss Martin & Co. has named a new managing partner, Martin L. Greenberg.

A tax attorney predicts that small businesses and high-net-worth individuals will need tax-planning advice to help protect their assets from anticipated changes in tax law.

President-elect Barack Obama is expected to begin working on passing an economic stimulus package, possibly even before he takes office.

Tax-related ballot initiatives went down to defeat in several states, including one in Massachusetts that would have repealed the state income tax.

Alma J. Batson and her son Kelcee L. Batson, operators of a tax prep business in Riverside, Calif., have pleaded guilty to federal tax charges.

Major League Baseball players and their agents are already looking for ways to skirt a steep income tax hike after President-elect Barack Obama takes office.

The results of Tuesday's election are increasing the balance of power on the Democratic side of the aisle in both the House and Senate.

Seventy-nine percent of CFOs and senior controllers said they do not plan to make tax decisions based on the outcome of the presidential and congressional elections, according to a survey by Grant Thornton.

An IRS tax compliance officer has been charged with accepting a bribe in exchange for preparing a false audit report for a taxpayer, and stealing another taxpayer's federal income tax refund and economic stimulus check.