Tascet has released technology that it said tax preparers can use to prevent multiple filings of tax returns by fraudsters.

President Barack Obama pushed for a one-year extension of the current tax rates, but only for taxpayers making under $250,000 a year.

With the end of busy season for most tax preparers, the summer months are open to try something new. Accordingly, most tax preparation software manufacturers offer tryouts, early renewals and promotional pricing.

Congressional Democrats on the House Ways and Means Committee have introduced a pair of bills to extend the production tax credit for wind energy manufacturers through the end of 2013 and provide a 10 percent income tax credit for employer payroll increases this year.

On the eve of the Supreme Court’s decision on the constitutionality of the Affordable Care Act, a new report on the Internal Revenue Service’s readiness to handle some specific aspects of the law has been released.

National Taxpayer Advocate Nina E. Olson has identified the priority issues the Taxpayer Advocate Service will focus on during the upcoming fiscal year.

Sen. John McCain, R-Ariz., has a novel idea. Instead of allowing $500 billion of cuts in the defense budget to go forward as part of last year’s deficit reduction deal, he wants to use money saved from closing tax loopholes.