Tax

The consumer finance site WalletHub has created a ranking of the best and worst states to be a taxpayer.

One out of three small businesses reported spending more than 80 hours per year and more than one-quarter spend over $10,000 annually on complying with their federal tax obligations, according to a new survey by the National Small Business Association.

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

The Internal Revenue Service is seeing some success in its fight against identity theft and tax fraud despite successive rounds of budget cuts.

Tax pros share their clients’ worst ideas about taxes

The Internal Revenue Service opened 19 percent fewer criminal investigations in fiscal 2014 than in the previous year, reflecting a decrease in budget and staffing, according to the agency.

Frustrated taxpayers are encountering ever longer wait times on phones when seeking assistance from the Internal Revenue Service as tax season draws to a close, according to the head of the union representing IRS employees.

Taxpayers who make cash contributions on or before April 15 to charities providing relief for the families of two slain New York police officers can receive an immediate tax benefit.

The consumer finance site WalletHub has released a new report ranking the states with the highest and lowest real estate and vehicle property taxes across the country.

Former UBS AG executive Hansruedi Schumacher pleaded guilty to conspiracy to defraud the U.S. as part of the government’s prosecution of financial industry officials who help Americans dodge taxes.