Victims of severe storms, straight-line winds, and flooding that began on April 16 in parts of Illinois may qualify for tax relief. Read more »
Attorney General Eric Holder ordered a criminal investigation into the Internal Revenue Services targeting of small-government advocacy groups for extra scrutiny. Read more »
The Internal Revenue Service said Friday that it will be making changes to the filing requirements for corporate and partnership taxpayers with assets of between $10 million and $50 million in an effort to lighten the burden. Read more »
A coalition of charitable organizations is calling on Congress to protect the charitable deduction as leaders of Congresss tax-writing committees step up their efforts to forge comprehensive tax reform. Read more »
President Barack Obama appointed Daniel Werfel, controller of the White House budget office, as acting commissioner of the Internal Revenue Service. Read more »
According to a newly released report, a Treasury Inspector General for Tax Administration audit found that ineffective management had led the Internal Revenue Service to use inappropriate criteria to identify applications for tax-exempt status for review, leading to Tea Party and similar organizations receiving undue scrutiny and delays in their applications. Read more »
At least two congressional committees plan to hold hearings on the Internal Revenue Services admission that it targeted for special attention groups promoting limited government. Read more »
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April 9, 2013
A selection of tax cartoons from Philly tax firm Drucker & Scaccetti's 'Finding Humor in Taxes' exhibit
April 5, 2013
One last chance to test your tax knowledge with these final questions from the experts at the National Association of Tax Professionals.
March 11, 2013
Test your tax knowledge with these questions from the experts at the National Association of Tax Professionals.
March 5, 2013
State lawmakers can certainly think of some strange tax laws. The Tax & Accounting business of Thomson Reuters recently produced its annual list of "quirky" sales and use tax laws from the past year.
February 20, 2013
The Minnesota Society of Certified Public Accountants recently surveyed its CPA members about the most creative tax deductions proposed by their clients. Here are some of the most memorable responses from the MNCPA's annual list of strange and unacceptable tax deductions for 2012.