Tax

The Internal Revenue Service has released updated information on the First-Time Homebuyer Credit and the tax refund problems encountered by some married taxpayers.

Identity theft prevention provider Identity Finder provided a set of tips for protecting taxpayer information during tax season.

IMGCAP(1)]With the tax filing season underway, this is a good time to review the filing requirements for your clients with international interests.

With tax season winding down, millions of taxpayers may be looking at tax bills they can’t afford to pay but can’t afford to ignore either.

The Internal Revenue Service’s Taxpayer Assistance Centers are located too far away from the majority of taxpayers to be able to serve them effectively, according to a new government report.

One of the dilemmas facing many accountants and tax preparers this tax season is the problem of how to account for uncertain tax positions and deal with them on the IRS’s new Schedule UTP.

The Internal Revenue Service has posted a final version of the form and instructions for the 2010 gift tax and generation-skipping transfer tax.

Online tax preparation site Taxbrain has introduced a service that lets taxpayers ask questions or have their taxes prepared by CPAs and enrolled agents through a video chat link.

The North Carolina Department of Revenue is pointing to inaccurate information from the IRS as the reason why it sent tax due notices to up to 2,000 state taxpayers.

Rep. Jan Schakowsky, D-Ill., has introduced a bill that would levy taxes of 45 to 49 percent on millionaires and billionaires.