Tax

Recently, I received a blast e-mail from a group who identified themselves as "concerned citizens" of my town. Without getting into shopworn specifics that most of you would not care about, these self-appointed monitors of fiscal prudence decried rising taxes and exhorted the local government to rescind a quasi-moratorium on development in order to generate more tax revenue.

Online bookkeeping service Outright.com has signed a partnership with H&R Block aimed at helping small-business owners deal with the increasing complexity of income taxes.

Sen. Olympia Snowe, R-Maine, criticized the U.S. Small Business Administration after it missed a deadline to send comments to the Treasury Department and the IRS about a controversial new 1099 reporting requirement for businesses.

The Supreme Court kicked off its new term on Monday with a brand new justice who will be hearing about a number of tax cases, at least when she doesn’t have to recuse herself.

The dog days of summer are ending and the 2010 tax season isn’t far behind.

The lame duck session slated to begin in mid-November leaves Congress a massive amount of unfinished business.

The Internal Revenue Service responded to only 339 out of 350,000 calls made to a special phone line it has set up for hearing- and speech-impaired taxpayers, according to a new government report.

The Tax & Accounting business of Thomson Reuters has released new Competency Model software for its Checkpoint Learning system that provides self-assessment tools to measure proficiency in the subjects studied by users, along with roadmaps for career development.

The American Institute of CPAs and 18 other groups have written a letter to congressional leaders encouraging them to ban tax strategy patents before adjourning.

Senate Republicans blocked a bill on Tuesday that would have denied tax breaks to companies that move jobs offshore and provide companies with a two-year holiday from their share of Social Security payroll tax withholding for each employee they hire to replace a worker at a foreign-based facility.