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Republican leaders of Congresss two tax-writing committees are questioning recommendations from the Organization of Economic Cooperation and Development aimed at stopping multinational corporations from shifting their profits to low-tax countries.
June 10 -
U.S. House Republicans are proposing a 7.7 percent cut to the IRS budget, setting the boundaries for a budget standoff over the next few months.
June 10 -
The Internal Revenue Service did not receive much of the information it needed early this tax season from health insurance exchanges to verify taxpayers qualifications to claim tax credits to subsidize buying health coverage, according to a new report.
June 10 -
A federal judge has ordered the IRS to answer questions by Friday, June 12, on the status of certain e-mails from former employee Lois Lerner that the service had said were lost.
June 9 -
The institute has recommended to the IRS that taxpayers making an accounting method change for mischaracterized research and experimental expenditures under Sec. 174 should compute a Sec. 481 (a) adjustment.
June 9 -
Soon the grasp of the taxman could be felt before the jackpot celebration stops at a lucky slot machine.
June 9 -
Three little letters, brokers' mailrooms and keyboarding crooks seemed the major troublemakers of the season just gone by, according to preparers.
June 9 -
As China grows as a world leader, more and more Chinese businesses and individuals are looking for CPAs who are familiar with taxes in both the U.S. and China.
June 9 -
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Heads of state meeting at the G7 Summit in Bavaria, Germany committed to promoting automatic exchange of tax information and tax rulings to discourage multinational companies from shifting profits from country to country to avoid taxes.
June 8
