Tax

With more than 127 million personal information records exposed in 2011, identity theft has led to a flood of fraudulent tax filings, and tens of thousands of honest taxpayers are now subjected to delays in their legitimate refund claims, according to the Internal Revenue Service.

Mitt Romney says he can lower income tax rates by 20 percent without costing the U.S. government revenue and without making the middle class carry a bigger share of the tax load.

Preparing accurate tax returns is still a challenge for all too many participants in the Internal Revenue Service’s Volunteer Program, according to a new government report.

The House held a hearing Thursday to discuss small business perspectives on the tax cliff, hearing testimony from a representative of the American Institute of CPAs and other witnesses.

Tax technologies concern New River Innovation has released Beyond415 TeamWork, a new product designed to allow large firms to manage post-filing work more efficiently.

A group of small online retailers have launched a coalition to protest against the imposition of laws requiring them to collect sales taxes from customers.

The likelihood of being audited by the Internal Revenue Service has its strongest impact on laxly governed companies and fosters corporate truthfulness not just in confidential tax returns, but in public financial reports, according to new research.

A high-ranking Internal Revenue Service official told a congressional panel that the agency is not planning to use tactics like tax liens and levies to make sure taxpayers are properly complying with the new health care reform law.

CCH has published a special report comparing the tax policies and proposals of President Barack Obama with his Republican rival Mitt Romney.

The Internal Revenue Service does not yet have enough information to determine whether its self-assistance and virtual services are providing efficient and effective customer service to taxpayers.