Tax strategies

CCH has signed a deal with the American Institute of CPAs to sell and distribute AICPA publications to the undergraduate and graduate college market.

Senate Majority Leader Harry Reid, D-Nev., said that negotiators from the House and Senate have reached an agreement on the stimulus package.

The Association of Chartered Certified Accountants has some advice for Obama administration officials and erstwhile nominees who have run afoul of the Tax Code, as well as regular taxpayers.

The Senate has approved the economic stimulus bill after three Republican senators agreed to vote for the massive package aimed at reviving the economy.

The problem of companies evading taxes by misclassifying employees as independent contractors appears to be growing.

The Senate plans a crucial procedural vote Monday after a group of moderate senators forged a compromise over the weekend to trim approximately $110 billion from the economic stimulus bill.

The Internal Revenue Service listed several tax credits and benefits available to taxpayers with disabilities as well as the parents of disabled children.

Peoples Income Tax, a local tax prep chain in Virginia, plans to give a break to recently laid-off workers.

Corporate tax executives cited management of the effective tax rate and taxation of international operations as their top two business tax concerns in 2009, according to a new survey.

In the latest sign of tax trouble in the Obama cabinet, Labor Secretary-designate Hilda Solis’ husband had tax liens filed against him.

The Internal Revenue Service paid between $10 billion and $12 billion in tax year 2006 to taxpayers who erroneously claimed the earned income tax credit despite IRS efforts to step up compliance.

Race car driver and “Dancing with the Stars” champion Helio Castroneves will be facing the music after a judge denied a motion to dismiss some of the counts in his upcoming tax evasion trial.

The Senate has unanimously approved a $15,000 tax credit for individuals who purchase a home in the next year.

Girls Gone Wild founder Joe Francis was arrested after he showed up five hours late to a court hearing in his tax evasion case.

The Internal Revenue Service has reported a nearly 10 percent drop in electronic tax filing from tax professionals so far this season, despite a push by the agency to encourage more e-filing.

The Internal Revenue Service is asking taxpayers and tax preparers to make sure they properly determine eligibility for the recovery rebate credit before they file their 2008 federal tax returns.

The Internal Revenue Service warned that many investors and other taxpayers may receive their year-end tax statements later than in past years, but the forms are likely to be more accurate.

A woman who posed as a tax accountant and CPA has pleaded guilty to six counts of tax fraud after she prepared returns for police and firefighters.

Tom Daschle, President Obama’s pick to lead the Department of Health of Human Services, has withdrawn his nomination amid revelations that he recently owed more than $140,000 in taxes and interest.

Two senators want to stop multinational companies from lobbying to include a tax break for offshore earnings in the economic stimulus package.