Tax

More than a third of U.S. adults expect to spend their tax refunds this year on meeting everyday expenses, according to a new survey by the American Institute of CPAs, as the expiration of the payroll tax cut takes a bite out of workers’ take-home pay.

As tax season enters its last two weeks, the IRS has offered a number of tips on how taxpayers can make sure that their charitable gifts also lower their tax liability.

Preparers share more of their favorite promotional tips

With the clock ticking down to April 15, Ernst & Young is offering taxpayers some last-minute tips if they haven’t yet filed their taxes.

The Internal Revenue Service is expanding a program nationwide to help law enforcement get access to tax return data.

The Internal Revenue Service has reduced the amount of time it is estimating it will take to process hundreds of thousands of delayed tax returns claiming refunds from education tax credits.

A federal appeals court has refused to lift an injunction by a lower court against the Internal Revenue Service’s tax preparer regulation regime.

Songstress Dionne Warwick has filed for bankruptcy. The multi-Grammy award winner owes nearly $10 million in back taxes to the IRS and the state of California.

While its figures for the overall season were flat, Intuit reported today that from January 30 through March 16, sales of TurboTax Online units increased 29 percent versus the comparable prior-year period, and that total TurboTax federal units were up 26 percent in the same span.

The Internal Revenue Service has stepped up its examinations in the past year of taxpayers with high adjusted gross incomes, according to newly released IRS figures.