Tax

Teresa Mackintosh has joined CCH as executive vice president and general manager of tax. She will head CCH's Tax business unit, serving tax professionals in accounting firms.

While every state offers tax incentives to attract, retain and expand businesses and jobs, few states actually provide good evidence that the tax breaks deliver an effective return on investment, according to a new report.

Just a few days ahead of the tax-filing deadline, President Barack Obama and Vice President Joe Biden released their 2011 tax returns on Friday.

“Only two things in life are certain,” Marc Albaum tells his clients. “I can help you with the other one.”

Taxpayers around the country are encountering longer wait times on IRS phone lines and at Taxpayer Assistance Centers due to budget cuts at the agency.

President Obama told a crowd of students and supporters that Congress should vote to approve his plan to ensure that millionaires don’t pay lower tax rates than the middle class.

House Budget Committee Chairman Paul Ryan, R-Wis., talked about how tax policies need to emphasize economic growth during a speech Tuesday, in which he also took aim at President Obama’s budget.

Some H&R Block offices are offering free filing of tax extensions now through the April 17 tax filing deadline, the company said Monday.

The commissioner of the Internal Revenue Service warned on Thursday of "a real disaster" for taxpayers next year should Congress miss a December 31 deadline to decide on billions in major tax provisions.

Internal Revenue Service Commissioner Doug Shulman described in a speech Thursday how the agency is using information from its tax preparer regulation initiative to identify practitioners who are showing patterns of tax fraud.