Tax

Highlights of some of our favorite tax-related blogs from the past week.

Two recent reports demonstrate how tax breaks at the state and federal level can help reduce poverty.

First, a bit of non-news: College is expensive. Last school year, private colleges averaged over $31,000. But there is some relief available from a tax perspective.

The Internal Revenue Service is testing a new Return Review Program to help identify instances of tax return fraud, but the security of the system needs improvement, according to a new government report.

The Internal Revenue Service faced challenges last tax season from the late enactment of dozens of tax provisions that were set to expire, along with fraudulent refund claims, declining levels of telephone assistance and other issues, according to a new government report.

H&R Block’s Tax Institute runs three taxpayer scenarios

Some of our favorite recent tax fraud cases.

Coca-Cola Co. received notice from the Internal Revenue Service that it owes about $3.3 billion in extra taxes, plus interest, becoming the latest global company to clash with the agency over profits booked in foreign countries.

The Internal Revenue Service has issued a notice extending the time under which certain transitional rules for the Foreign Account Tax Compliance Act, or FATCA, will apply.

In its hunt for tax cheats, the U.S. Internal Revenue Service is headed to Belize.