The Latest

The Internal Revenue Service has been doing a better job of detecting and preventing fraudulent refunds this filing season, but programming bugs and inadequate controls are still allowing erroneous claims to get through for various tax credits.

Three influential senators have written to Internal Revenue Service Commissioner Doug Shulman, asking him to re-evaluate the two-year time limit for innocent spouses to request tax relief.

Taxpayers set a record over the weekend, surpassing the 100 million mark for electronically filed tax returns so far this season.

I am in the process of a rather large painting project outdoors. It’s been more than a few years since I have painted on this scale and it reminded me that the tools you use and preparatory steps do matter.

The super-rich are paying a far lower rate of taxes these days than they did in the early 90s.

In his best impersonation of a fiscal conservative, President Obama last week called for $1 trillion tax hikes on the wealthiest Americans as part of an effort to reduce the deficit by $4 trillion over the next dozen years.

The International Accounting Education Standards Board proposed changes in its ethics standards to provide for learning and development activities in professional values and ethics for accountants throughout their careers.

The House passed the controversial budget plan introduced last week by House Budget Committee Chairman Paul Ryan, R-Wis., in a largely party-line vote on Friday.

Technology consultant and reseller SBS Group has tapped veteran reseller and former Tectura Inc. chief executive Terry Petrzelka to help the firm evolve and expand its own partner network.

The White House introduced the ability to generate a “federal taxpayer receipt” on its Web site Friday.