Tax

The Internal Revenue Service does not have authority over the qualified intermediaries who assist taxpayers with completing like-kind exchanges, exposing taxpayers to financial risks, according to a new report.

Women gave nearly $5 billion more to their heirs than men did in 2005, according to an analysis of Internal Revenue Service data by Grant Thornton.

The U.S. tax system is viewed as less fair and simple by tax professionals than the tax system in Hong Kong, Singapore and Canada, according to a new survey.

Democratic vice presidential nominee Sen. Joseph Biden, D-Del., revealed a decade's worth of his tax returns Friday, putting pressure on his Republican rival, Alaska governor Sarah Palin, to release her own returns.

Unenrolled tax preparers made mistakes on the majority of returns they prepared for undercover Treasury Department auditors, according to a new report.

The Internal Revenue Service has reached a settlement with the law firm Arnold & Porter, which has paid an undisclosed penalty for promoting tax shelters.

The Senate's Subcommittee on Investigations held a hearing on how foreign investors dodge taxes on U.S. stock dividends with the help of U.S. banks and investment houses.

SpeedTax said its Web-based sales tax management service would soon be integrated with Intuit's QuickBooks Enterprise, Pro and Premier editions.

Rep. Charles Rangel, D-N.Y., refused to resign his chairmanship of the tax-writing House Ways and Means Committee after revelations that he failed to pay taxes on rental income from a vacation villa in the Dominican Islands.

Influential tax protestor Irwin Schiff had his 151-month prison sentence extended by an additional 11 months after he was sentenced for criminal contempt.