Tax

President Barack Obama is expected to propose a new tax rate for millionaires as part of his long-term deficit reduction plan on Monday.

President Obama signed the patent reform bill into law on Friday with provisions outlawing patents on tax strategies.

Taxpayers still trying to cope with the fallout from the recession are expected to get some tax relief next year from mandatory annual adjustments in tax brackets, according to CCH.

Will $447 billion in new taxes help to create jobs, or kill them?

H&R Block has made the decision not to offer refund anticipation loans next year, a result of the RAL business getting a lot harder for tax prep chains to operate in lately.

The National Association of Tax Professionals is asking the Internal Revenue Service to clarify a murky provision in the updated Circular 230 rules that seemingly prohibits registered tax preparers from providing “tax advice” to clients unless they're preparing a tax return.

President Obama released his jobs bill, known as the American Jobs Act, to Congress on Monday, with tax credits for new hires and an expansion of the payroll tax cut.

Grant Thornton has chosen CCH to provide the firm’s tax professionals with subscription-based tax research content and workflow tools.

Despite all the new tax regulations, registration requirements, and the promise of new tax legislation, there’s one thing that return preparers can eliminate from their worry list: tax strategy patents.

President Obama addressed a joint session of Congress on Thursday evening to present a jobs bill containing an expansion of the payroll tax cut, tax breaks for new hires and salary raises, and other tax reform measures.