Tax

The IRS is providing a new withholding adjustment option for pension plans as a way to get around some of the glitches that have developed with the new Making Work Pay tax credit.

The Senate Finance Committee held hearings to determine how to pay for health insurance reform, including through new taxes and tax credits.

New York City CPA Jonathan Medows specializes in helping small business owners and freelancers cope with the economic crisis.

A recent decision by the Massachusetts Appellate Tax Board related to inter-company pricing may put state tax auditors on notice not to overreach when assessing the value of services and products provided between companies and their out-of-state affiliates.

Washington, D.C. - Congressional leaders wrestling with President Obama's plan to make the Bush administration's tax cuts permanent for middle-class families earning under $250,000 a year are hearing a sharply divided response from top economic experts.

A record total of 90.6 million tax returns were filed electronically this year, with more than a third coming from home computers.

Both the House and Senate approved President Barack Obama’s $3.4 trillion spending plan on his 100th day in office, but largely along party lines.

It seems almost obligatory to write a story about the 100th day of the Obama administration, but when you’re in the news business, you ignore these kinds of artificial milestones at your own peril.

A large majority of CFOs and senior controllers intend to take advantage of the bonus depreciation provision included in the economic stimulus bill, according to a survey by Grant Thornton.

H&R Block reported that the total number of tax returns prepared as of April 15 fell by 667,000, or 3.1 percent, compared to last year, excluding economic stimulus filers, but Block still earned a record amount on fees.