Tax Strategies

A new survey by Thomson Reuters found a perceived increase of 80 percent in audits of indirect taxes such as value-added taxes.

CCH has partnered with Comtax to offer the Comtex System international taxation software in the U.S.

Rep. Tim Bishop, D-N.Y., has introduced an energy bill that would eliminate some of the tax breaks enjoyed by the major oil producers.

Republicans in the House and Senate introduced a bill Thursday that could drastically change the way states distribute unemployment insurance benefits.

A bipartisan group of Midwestern state senators introduced legislation Wednesday to update ethanol tax credit policies, but not repeal the tax credit.

The tax-related talk in Washington lately has shifted from overall tax reform to specific fixes like eliminating about $4 billion in tax breaks for major oil companies.

A bipartisan group of senators has renewed the effort to repeal tax credits for ethanol, introducing a bill Tuesday that would fully eliminate the Volumetric Ethanol Excise Tax Credit.

President Obama repeated his demand for Congress to eliminate an estimated $4 billion in tax breaks for the major oil and gas companies.

Thousands of tax credits, deductions and other incentives are hidden throughout the Tax Code. Some, such as the Blender's Credit, are obscure, while others, such as the Earned Income Tax Credit or the various energy credits, are well known.

Not so long ago, I read a story about a woman who, while cleaning her house, inadvertently shattered one of those energy-saving compact fluorescent lights with the end of a broom handle.