Tax

Tax reform, if it happens in the next two years, will occur in incremental steps rather than as a comprehensive package.

The Senate Finance Committee heard testimony Thursday about the increasing prevalence of tax scams and identity theft, with senior citizens finding themselves especially vulnerable to callers impersonating Internal Revenue Service employees.

The most popular way Americans will use their tax refunds is to pay down their debt, according to a new survey.

Each New Year brings with it issues and regulations—both new and revisited—that cause accountants and their small business clients to scramble in order to remain compliant with the law.

A married couple who are partners in a Louisiana tax preparation service are also allegedly partners in crime, according to prosecutors.

The Internal Revenue Service said it has federal income tax refunds totaling $1 billion waiting for an estimated 1 million taxpayers who did not file a federal income tax return for 2011.

The Internal Revenue Service generally has adequate processes in place to prevent inadvertent disclosures of taxpayer information to unauthorized people, but it also understates the number of inadvertent disclosures it makes, according to a new government report.

Highlights of some of our favorite tax-related blogs from the past week.

The Internal Revenue Service has issued a notice in anticipation of the ABLE tax-free savings accounts that disabled Americans will soon have the ability to set up to cover expenses such as education, housing and transportation.

The Senate has re-introduced a bipartisan bill aimed at making it easier for states to collect sales taxes on online purchases.