Tax

The Senate Finance Committee held a hearing Monday on tax reform and its impact on state and local tax and fiscal policy.

H&R Block’s former mortgage subsidiary Option One has agreed to pay $28.2 million to settle charges from the Securities and Exchange Commission over its subprime mortgage investments.

A trip to the post office on Tax Day isn't the same as it used to be.

CCH has added two new treatises on estate planning and research and development tax incentives to its CCH Expert Treatise Library.

Intuit saw an 11 percent increase in per-unit sales of its TurboTax Online product.

The manager of an H&R Block branch in Southern California has been charged with using the identities of his former tax preparation clients to file false tax returns with the Internal Revenue Service.

It’s been said that you can’t tell the players without a scorecard. Where I need a scorecard is to figure out which tax provisions expired at the end of 2011, and those slated to give up the ghost at the end of 2012. Luckily, the Joint Economic Committee has a Web site that lists all of the expiring provisions of recent memory, together with the dates they expired or will expire.

The House has approved Republican-backed legislation to provide a tax cut of up to 20 percent for one year to companies with fewer than 500 employees.

The large differences in excise tax rates for various smoking products are prompting consumers with a tobacco habit to shift their smoking habits to pipes and larger cigars, according to a new government study.

Financial executives in the medical device industry say the new excise tax included in the health care reform law will take a major impact on reducing their bottom line, according to a new survey by KPMG.