Practice Management

Top companies were able to dramatically reduce their corporate risk profile, and maintain compliance with sales and use taxes and value-added taxes, by leveraging automated tax management tools, ranging from tax calculation engines, filing and remittance systems, to audit control solutions, according to a new report.

Nearly 1,300 prisoners claimed over $9 million in First-Time Homebuyer Tax Credits, according to a new government report.

Gulf Coast residents contending with the oil washing up on their shores could find that the checks from BP come with a few mucky strings attached.

The Tax & Accounting business of Thomson Reuters has integrated the latest tax holidays into its Sabrix sales and use tax solutions.

The U.S. Environmental Protection Agency has sent a letter to Congress in support of reinstating lapsed tax provisions that require polluters to pay for the Superfund for environmental cleanup.

An Internal Revenue Service agent has been indicted in a federal court for soliciting and accepting a $9,700 bribe from the co-owners of a Minnesota business in exchange for lowering the amount of taxes they owed to the IRS.

Peter Orszag, the White House Budget Director and one of the driving forces behind the passage of the $787 billion economic stimulus package, will step down from his post.

IMGCAP(1)]Currently, about 32 million Americans do not have health insurance.

The Internal Revenue Service needs to improve the security of its Automated Collection System, a telephone contact system used to collect unpaid taxes and secure tax returns from delinquent taxpayers, according to a new government report.

Health care professionals who have received student loan relief under state programs that reward those who work in underserved communities may qualify for refunds on their 2009 federal income tax returns, as well as an annual tax cut going forward, according to the IRS.