Tax Strategies

The Internal Revenue Service has introduced an online search tool that will allow the public to easily check on information about tax-exempt organizations, such as charities and other nonprofits.

An amendment to a highway transportation bill that would have extended expired tax credits such as the Research and Experimentation Credit in exchange for freezing the salaries of federal employees for another year has gone down to defeat in the Senate.

CBIZ has acquired a six-member state tax consulting group from the firm Dow Lohnes Price.

The Senate has unanimously approved a provision to a highway transportation bill that would revoke the passports of people with seriously delinquent tax debts.

The Senate adopted an amendment to a larger highway transportation bill on Thursday aimed at cracking down on foreign tax havens.

The House Ways and Means Committee held a hearing to consider changing the tax treatment of closely held businesses in the context of overall tax reform efforts.

President Obama pressed for business tax reform in a speech before a group of business executives.

Michael Andrew, the chairman of KPMG International, sees a variety of audit risks arising in the global financial markets.

On April 1, the tax rate for U.S. corporations will go from second highest to the highest tax rate in the world. That’s when Japan will lower its rate by five points from its current 39.5 percent.

Senator Carl Levin, D-Mich., has proposed closing a tax loophole that would give Facebook an estimated $3 billion tax break on stock options for CEO Mark Zuckerberg.