Practice Management

Nearly one-half of consumers plan to file their federal taxes online this year, up from 34 percent in 2005, according to a new survey.

IMGCAP(1)]The IRS offers tremendous flexibility in how a foreign entity may be classified for U.S. income tax purposes.

The House has approved legislation to provide tax cuts to small businesses and extend the Build America Bonds program to spur job creation.

The Internal Revenue Service has issued proposed regulations requiring paid tax preparers to furnish an identification number on tax returns and claims for tax refunds that they prepare.

The Internal Revenue Service has launched a Web-based tool that allows taxpayers to check to see if they received an Economic Recovery Payment last year.

Keith S. Fimian and Pat Herrity are part of a growing trend this year: CPAs running for a seat in Congress.

A large proportion of married business partners who file individual or partnership tax returns are unaware of the potential benefits of a more recent filing option.

As many taxpayers continue to struggle with a tough economy, tax season is finding many of them literally unprepared.

Simonton Windows is offering customers $150 off the tax preparation fee for their 2010 returns, which will be prepared in 2011, when they purchase 12 or more energy-efficient windows and have their returns prepared at H&R Block.

The Internal Revenue Service reported that the overall number of tax return filings has declined somewhat this tax season.