Tax

In testimony before the Senate Finance Committee, Comptroller General David Walker said that it is impossible to know th e total amount of corporate tax avoidance for a number of reasons.

I've always believed in the old adage, "Never say never."

Intuit Inc. is among the latest companies receiving an informal inquiry from the Securities and Exchange Commission regarding its stock option granting practices.

The Internal Revenue Service's Office of Taxpayer Burden Reduction is asking the public for recommendations on ways to reduce taxpayer burden.

A Republican-lead effort to repeal the estate tax failed to even reach a vote on the Senate floor.

A former Loveland, Colo., tax preparer charged with filing a false tax return for a couple in 2001 has pleaded guilty in U.S. District Court.

A Los Angeles-based firm who advertised that tax delinquents could settle with the Internal Revenue Service for "pennies on the dollar," is facing two lawsuits.

Having been scrapped from Congress's legislative agenda in the wake of Hurricane Katrina, a vote to permanently repeal the estate tax could be held in the Senate this week.

KPMG LLP received federal court approval for a $153 million settlement with more than 200 wealthy investors who bought questionable tax shelters from the Big Four firm.

Some taxpayers make novel arguments in attempts to be taxed at a favorable capital gains rate. Wolman v. Comm. is a Tenth Circuit Court of Appeals order and judgment affirming a Tax Court decision, and it shows how creative taxpayers can be.