Tax

Both the American Institute of CPAs and the American Bar Association Section of Taxation have urged Congress to correct the current state of federal estate, gift and generation-skipping transfer taxes.

With economic uncertainty still lingering, many Americans plan to use their tax refunds conservatively, according to a new survey.

Vertex has enhanced its corporate tax software, the Indirect Tax O Series, with extra features including better management of tax exemption certificates.

CCH has provided a list of the biggest tax breaks from last year that individuals can take on their 2009 tax returns.

Tea Party activists are planning an Online Tax Revolt that will send an army of avatars on a virtual march on Washington on Tax Day, April 15.

Syracuse University's Transactional Records AccessClearinghouse has added an app to its recently released annual report on theIRS that lets users drill down to tax return information across all 50 statesand every one of more than 3,000 counties.

Taxpayers may have to finish filing their taxes by April15, but they'll have earned enough to pay their share by April 9, according tothe Tax Foundation.

Rep. Charles Rangel, D-N.Y., who has temporarily stepped aside as chairman of the tax-writing House Ways and Means Committee amid ethics investigations of unpaid taxes and other matters, is now facing criticism for a recent mailing to constituents offering tax advice.

The Senate voted 56-43 on Thursday to approve a set of improvements to the sweeping health care reform bill that was passed by the House on Sunday night, but it needed to send the bill back to the House after two provisions were changed in the student lending part of the bill.

Nearly one-half of consumers plan to file their federal taxes online this year, up from 34 percent in 2005, according to a new survey.