Tax research

The odds of being criminally prosecuted by the Internal Revenue Service have fallen as a result of budget cuts at the hands of Congress, decreasing from 13.3 per million population in fiscal year 2013 to 9.2 per million in FY 2015, according to new research.

Syracuse University’s Transactional Records Access Clearinghouse has updated its Taxpayer Returns online tool with data through filing year 2014.

Although a recent ABC News/Washington Post Poll found just 6 percent of voters who lean Republican and 4 percent of those who lean Democrat rank taxes as the most important issue impacting their vote, one in five public company tax directors feel differently.

The Internal Revenue Service’s audits of business tax returns have declined steeply in recent years, thanks to successive rounds of budget cuts, according to a new analysis.

Bloomberg BNA has upgraded its BNA State Tax Analyzer with a new NOL Manager function that predicts and analyzes the financial impact of state net operating losses on a business’s cash, effective tax rate and earnings per share.

WalletHub has released its annual report on the states with the highest and lowest tax rates in the country.

Many Americans are willing to delay receiving their tax refunds for up to two months if it would provide the IRS time to combat identity fraud, according to a new survey.

Florida Senator Marco Rubio notched a personal best for earnings in 2012 as he and his wife, Jeanette, recorded almost $930,000 in taxable income—helped by $800,000 that a publisher paid for his best-selling autobiography.

The Tax Foundation has released an updated report on sales taxes throughout the states in 2016, indicating where the highest and lowest state and local sales tax rates are across the country.

Senator Bernie Sanders’s proposals for sweeping tax hikes on businesses and individuals to bankroll universal health care, infrastructure and free college tuition would raise $15.3 trillion over the next decade but “substantially reduce incentives to save and invest in the United States,” according to a new policy study.

Ohio Governor John Kasich and his wife Karen paid about $1.3 million in federal taxes on the adjusted gross income of $5.1 million that they earned over a seven-year period, according to documents released by the Republican presidential candidate’s campaign.

Wolters Kluwer Tax & Accounting said it has been selected by the Internal Revenue Service to provide tax law and expert guidance and analysis handbooks to support the IRS staff in their research responsibilities.

The Tax Foundation, a tax policy research organization, has released the latest edition of its annual compendium of data on state taxes.

High tax rates and cybersecurity are among the most pressing concerns of CFOs at technology companies, according to a new survey by BDO USA.

Presidential candidate Ted Cruz’s tax proposals, which include cutting taxes for most individuals and replacing the corporate income tax with a flat 16 percent business tax, would reduce federal revenue by $8.6 trillion over a decade and “almost surely depress the economy over the long run,” according to a policy study and its authors.

The number of changes in sales and use taxes declined in the fourth quarter of last year, according to a new report.

Now that 2016 is well underway, organizations across the country are looking for opportunities to boost their business and consolidate their spending through annual budgeting processes.

Swedish home furnishings giant Ikea has become the latest multinational company to be accused of dodging taxes.

Many major tax changes go into effect this year for individual taxpayers.

Thomson Reuters has released ONESOURCE Indirect Tax Integration for Microsoft Dynamics AX, connecting the company’s sales tax and VAT software with Microsoft’s enterprise accounting product.