Tax

The Internal Revenue Service has published the 2009 inflation-adjusted deduction limits for health savings accounts.

Authorities indicted a former UBS banker on charges of helping a real estate billionaire and other clients avoid taxes.

Rep. Charles Rangel, D-N.Y., chairman of the House Ways and Means Committee, has introduced a bill to extend tax credits and deductions that expired last year or would expire at the end of this year, including tax incentives for renewable energy.

The Senate Finance Committee held hearings on tax reform for individuals, the latest in a series of hearings on tax reform.

The alternative motor vehicle credit is difficult for the Internal Revenue Service to administer because of complex tax laws, according to a new report.

A group promoting pastors’ First Amendment rights has announced an initiative to challenge the ban on endorsements of political candidates by tax-exempt organizations.

Internal Revenue Service Commissioner Douglas Shulman promised to continue enforcement efforts against tax shelters and provide clearer tax guidance.

The House has passed housing legislation to help homeowners threatened by foreclosure, including tax benefits to sweeten the package.

The Treasury Department paid out an additional 22.18 million economic stimulus payments, or tax rebates, to American households last week, for a total of $20.138 billion.

The Nebraska Board of Public Accountancy has launched a service to enable CPAs and CPA firms to renew their licenses via the Web.