Tax

The Senate plans a crucial procedural vote Monday after a group of moderate senators forged a compromise over the weekend to trim approximately $110 billion from the economic stimulus bill.

The Internal Revenue Service listed several tax credits and benefits available to taxpayers with disabilities as well as the parents of disabled children.

Peoples Income Tax, a local tax prep chain in Virginia, plans to give a break to recently laid-off workers.

Corporate tax executives cited management of the effective tax rate and taxation of international operations as their top two business tax concerns in 2009, according to a new survey.

In the latest sign of tax trouble in the Obama cabinet, Labor Secretary-designate Hilda Solis’ husband had tax liens filed against him.

The Internal Revenue Service paid between $10 billion and $12 billion in tax year 2006 to taxpayers who erroneously claimed the earned income tax credit despite IRS efforts to step up compliance.

Race car driver and “Dancing with the Stars” champion Helio Castroneves will be facing the music after a judge denied a motion to dismiss some of the counts in his upcoming tax evasion trial.

The Senate has unanimously approved a $15,000 tax credit for individuals who purchase a home in the next year.

Girls Gone Wild founder Joe Francis was arrested after he showed up five hours late to a court hearing in his tax evasion case.

The Internal Revenue Service has reported a nearly 10 percent drop in electronic tax filing from tax professionals so far this season, despite a push by the agency to encourage more e-filing.