Tax

The Senate adopted an amendment to a larger highway transportation bill on Thursday aimed at cracking down on foreign tax havens.

The House Ways and Means Committee held a hearing to consider changing the tax treatment of closely held businesses in the context of overall tax reform efforts.

President Obama pressed for business tax reform in a speech before a group of business executives.

Online accounting industry directory CPAdirectory.com has launched Ask a CPA, a free iPhone and iPad app designed to help consumers, businesses, and accounting and tax professionals with relevant tax and accounting related research and questions.

CCH has reorganized its publishing groups, creating and eliminating several positions at the accounting and tax research and software provider, while focusing more on the company's mobile technology development.

The Internal Revenue Service is providing tips to help taxpayers avoid a new tax scam involving bogus college tuition tax credits.

Michael Andrew, the chairman of KPMG International, sees a variety of audit risks arising in the global financial markets.

The U.S. Internal Revenue Service's new software system for handling electronic tax returns has experienced problems during the tax filing season, angering some taxpayers whose refunds have been delayed.

H&R Block has released a tax prep and electronic filing app for Google Android-based smartphones and tablets.

The Internal Revenue Service is providing an update on the status of the tax refund delays that plagued the agency this season.