Tax credits

The Internal Revenue Service isn’t doing enough to address billions of dollars worth of potentially erroneous carryforward tax credits and deductions claimed by businesses, according to a new report.

Tax preparers and their clients should be paying attention to these changes for next tax season.

The state approved incentives for major films by two of Hollywood’s biggest studios.

The cost of lipstick; making meetings effective; virtual warnings; and other highlights from our favorite tax bloggers.

Four family members belonging to a Utah polygamist group admitted defrauding the U.S. of $512 million in renewable-fuel tax credits, with the leader saying the mastermind was an Armenian immigrant who owns a small oil and gas empire in Southern California. That businessman now faces trial alone.

The Internal Revenue Service posted three revenue procedures Monday of special interest to the insurance industry.

The Internal Revenue Service issued some clarifications on an agreement with the French government not to challenge foreign tax credits for certain kinds of tax payments in France.

Nina Olson also suggested different ways to increase the participation rate of eligible taxpayers in claiming the Earned Income Tax Credit.

Extending tax breaks that are intended to benefit families and small businesses come with a steep cost, according to Congress’s nonpartisan scorekeeper.

Gas prices; GASB and 457s; heads in the cloud; and other highlights from our favorite tax bloggers.