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Those earning between $30,000 and $40,000 filed 3,160,016 refundable CTC claims and received a total of $6,561,128,000 in refunds.

In the latest example of accounting firms taking on outside investments, the internationally focused firm has sold a minority stake to an Indian billionaire.

The Treasury Inspector General for Tax Administration, in two reports, critiqued the IRS on cybersecurity for both its data warehouse and its cloud infrastructure.

Find out what the client needs and then figure out how to fill that need.

The IRS has postponed payment and filing deadlines for those affected by the storm.

The accounts are expected to grow by another trillion dollars over the next decade because of their tax and flexibility advantages, Daffy CEO Adam Nash said.

Wolters Kluwer announced major enhancements to CCH Axcess Audit, which works with numerous other modules in the suite to produce more detailed insights and workflow integration.

John Napolitano of Napier Financial takes a long look at the host of unusual investment opportunities available to your wealthier clients.

Taxpayers earning more are more likely to choose to itemize their deductions, while taxpayers earning less tend to favor the standard deduction.

The Internal Revenue Service issued a notice on Friday excluding from gross income the value of any tribal general welfare benefit.