Tax

CCH Small Firm Services president Jeff Gramlich has resigned from his post, with former Wolters Kluwer Financial & Compliance services vice president and general manager Jason Marx stepping into the role.

For years, you’ve been hearing that you should include financial services among your tax or accounting practice’s service offerings.

The IRS has issued warning to taxpayers who receive emails claiming to be from the agency.

As Presidents’ Day Week winds down, it seems logical to pay a little attention to Presidents Washington and Lincoln, especially their wisdom and the positions they held on a number of the issues they faced in their time.

Social media sites Facebook and LinkedIn are enjoying massive tax breaks on stock options, according to recent reports.

Accounting firm ParenteBeard has launched a Small Business Tax Toolkit offering online advice to small business owners who are looking for guidance on their taxes.

The Internal Revenue Service has introduced a new tool for determining a taxpayer’s eligibility for an offer in compromise that can help lower the taxpayer’s outstanding tax debts.

The Internal Revenue Service said Wednesday that it has observed problems with the filings for education tax credits that could be delaying processing of the tax returns.

The Minnesota Society of Certified Public Accountants recently surveyed its CPA members about the most creative tax deductions proposed by their clients. Here are some of the most memorable responses from the MNCPA's annual list of strange and unacceptable tax deductions for 2012.

Last year, about $450 million belonging to top executives at billionaire hedge fund manager John Paulson’s New York firm took a quick round trip to Bermuda.