Tax

7 things can learn during tax prep to build a stronger client relationship

The House Ways and Means Committee voted to expand college savings tax incentives that President Barack Obama proposed limiting earlier this year.

Intuit Inc. Chief Executive Officer Brad Smith is facing one of the biggest challenges in his seven-year tenure: how to restore trust in his company after fraudulent tax returns were filed through its TurboTax program.

The Internal Revenue Service delivered a progress report Thursday on tax season so far, noting that it has issued 19.7 million refunds worth more than $66 billion, up slightly from last year’s totals.

Highlights of some of our favorite tax-related blogs from the past week.

Wolters Kluwer Tax & Accounting US (formerly known as CCH) has released a new report examining the tax implications of the White House’s recently released budget blueprint for fiscal year 2016.

Intuit Inc. Chief Executive Officer Brad Smith wrote to the Internal Revenue Service calling for the government to share information to help combat fraud, after states saw a rise in fraudulent returns being submitted via his company’s TurboTax tax software.

The IRS has warned that the coming three-day weekend typically kicks off one of the busiest weeks of the tax filing season for the service’s phone lines.

The Internal Revenue Service is facing not only a budget crunch this tax season, but also rampant identity theft.

The 2014 tax season is going to be a stressful one for many people.