Tax

Tax technology vendor Vertex said it planned a major hiring initiative that would double the size of its consulting group over the next six months.

A report by the Treasury Department's inspector general raised concerns about the screening done by the Internal Revenue Service of electronic filing providers.

CCH has introduced CorpSystem, a new line of software for corporate professionals who do tax and accounting work.

Sen. Carl Levin, D-Mich., has proposed a bill that would change the tax treatment of corporate stock option deductions.

The Internal Revenue Service has issued a new set of allowable living expense standards that it will use to determine the ability of a taxpayer to pay a delinquent tax liability.

The Justice Department said it has resolved lawsuits against several corporations that owned Jackson Hewitt franchises, with the companies agreeing to be barred from tax preparation after the DOJ found a pattern of fraud.

Rep. John Dingell, D-Mich., has proposed a 50-cent tax on each gallon of gas in an effort to limit carbon emissions.

The U.S. Supreme Court has agreed to consider two tax cases, one arising out of a criminal case and the other a business case.

A federal judge here has permanently barred a tax preparer from preparing tax returns for others.

CCH predicted that the indexing of many features of the Tax Code to adjust for inflation will bring taxpayers some relief next year as the company released its 2008 tax rate projections.