The Latest

The U.S. House of Representatives voted to revive a lapsed tax break for small businesses that encourages them to purchase equipment.

The House of Representatives voted to revive three U.S. tax breaks that encourage charitable giving in a bipartisan challenge to President Barack Obama’s threat to veto the measure.

The House Ways and Means Committee voted to expand college savings tax incentives that President Barack Obama proposed limiting earlier this year.

Lee University, located in Cleveland, Tenn., will be offering pro bono tax advice to local residents this week, according to local affiliate WDEF. Accounting students from the Lee's Business Department will partner with the IRS's Volunteer Income Tax Assistance (VITA) program and offer on-site help, as well as a tax return help hotline and face-to-face appointments.

Intuit Inc. Chief Executive Officer Brad Smith is facing one of the biggest challenges in his seven-year tenure: how to restore trust in his company after fraudulent tax returns were filed through its TurboTax program.

The Internal Revenue Service delivered a progress report Thursday on tax season so far, noting that it has issued 19.7 million refunds worth more than $66 billion, up slightly from last year’s totals.

Deloitte LLP made a historic move this week, naming Cathy Engelbert as the first female CEO of a Big Four accounting firm.

Highlights of some of our favorite tax-related blogs from the past week.

Although many corporate tax and accounting departments are preparing for the March deadline, mistakes related to tax and accounting cost U.S. businesses billions each year.

The Institute of Internal Auditors has issued a practice guide for providing competent internal audits in the public sector.