Tax

In a move apparently designed to limit his U.S tax liabilities, Eduardo Saverin, a co-founder of Facebook, has renounced his U.S. citizenship prior to the company going public.

Maybe we need tax education as well as tax reform. No matter how simple the Tax Code becomes, it might not be simple enough.

Small business owners ranks Idaho and Texas as the most business-friendly states, with Oklahoma City and Dallas-Ft. Worth taking top honors among cities across the nation, according to a new survey.

Banking executives are predicting that the majority of banks will miss the deadlines for complying with new requirements under the Foreign Account Tax Compliance Act for reporting on foreign bank accounts and assets held by U.S. taxpayers.

A pair of Democratic lawmakers have introduced a bill aimed at reducing taxes for businesses that move jobs back to the U.S.

Edvard Munch, the painter of “The Scream,” was no big fan of the Norwegian tax authorities.

State tax officials are expanding their concept of what constitutes a taxable economic presence in their state as more economic activity moves online.

Sage North America has partnered with cloud-based sales tax automation service provider Avalara to form the Accountants Resource Center for Sage Accountants Network members.

Uncertainty lingers over whether Congress will extend all or some of the tax cuts and incentives set to expire at the end of the year.

The Internal Revenue Service saved approximately $10.2 million in equipment costs in fiscal year 2011 by implementing virtual server technology, according to a new government report.