Tax

Members of Congress have re-introduced legislation aimed at pressuring online Web sites to charge sales taxes to out-of-state customers, combining three competing bills that were introduced in the previous congressional term.

The American Institute of CPAs has written to the Internal Revenue Service expressing its concerns about delays in issuing crucial tax forms.

Representatives of various charities and nonprofits presented a case for preserving charitable deductions in the Tax Code in a hearing before the House Ways and Means Committee, arguing that imposing a cap on such deductions would cause many of them to cut back services at a time of critical demand.

The Internal Revenue Service posted an alert on its Web site Thursday to tell taxpayers and the tax community that it is experiencing high traffic on “Where's My Refund?” as more tax returns arrive.

Accounting and advisory firm Marcum LLP has introduced an interactive online map that tracks the status of same-sex marriage in each of the 50 U.S. states and how such unions are treated for tax purposes.

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.