Tax

H&R Block has agreed to a $4.85 million settlement with California Attorney General Jerry Brown, and to stop marketing refund anticipation loans as early tax refunds.

They’re back and ready to dole out hundreds of billions of dollars in new tax cuts and spending, but will it be enough to restart the limping economy?

National Taxpayer Advocate Nina Olson said in her annual report to Congress that taxpayers affected by the recession should be treated more compassionately by the IRS.

President-elect Barack Obama and his transition team reportedly plan to propose approximately $300 billion in tax cuts as part of an overall economic stimulus package.

The Internal Revenue Service has added four new tax experts to its IRS Advisory Council who will provide the agency with outside input on tax administration issues.

The Internal Revenue Service has issued new regulations on cost-sharing arrangements for multinational companies that provide some extra flexibility in transfer pricing schemes.

Accounting firm Holtz Rubenstein Reminick plans to hold a town hall-style meeting for New York-based individuals or businesses that were defrauded by Bernard Madoff's investment scam.

The economic turmoil of the past year presents a unique opportunity for accountants to broaden their practices to include financial planning.

The Internal Revenue Service has set Monday, Jan. 5, as the deadline for victims of Hurricanes Gustav and Ike to qualify for tax relief.

A commission is expected to recommend a 50 percent increase in federal gasoline taxes to help fund infrastructure projects.