Tax

The Internal Revenue Service said Thursday that some taxpayers who are trying to e-file from Puerto Rico are unable to do so.

U.S. Tax Court Judge Elizabeth Paris handed the taxpayers a victory last Thursday involving a powerful estate tax planning tool: private annuities.

Intuit has introduced TurboTax CPA Select, an online system geared towards small businesses and consumers looking for someone to do their taxes for them.

The Organization for Economic Cooperation and Development is pointing to wide disparities in the low tax rates paid by many multinational corporations compared to the taxes paid by individuals and small businesses.

President Barack Obama called for tax reform as a way to temper drastic automatic budget cuts during his State of the Union address.

The Internal Revenue Service Oversight Board issued a warning to Congress that the IRS is operating in a high-risk environment, with budget constraints leading to lower staffing levels and reduce customer service for taxpayers.

The Internal Revenue Service is reminding electronic filers to review their IRS e-file application to make sure the information is still current.

The Internal Revenue Service is cautioning tax preparers about delays in processing tax returns claiming the Child Tax Credit because of incorrectly filled out forms.

A pair of influential Senate Democrats have introduced legislation aimed at stopping multinational corporations from taking advantage of tax havens abroad.

The Internal Revenue Service announced that it would begin accepting tax forms covering depreciation on Sunday, February 10, and forms covering education credits on Thursday, February 14.