Tax Strategies

The next Congress and the Obama administration are expected to make major changes in both individual and business taxes, said a panel of Ernst & Young tax experts.

The House Committee on Oversight and Government Reform held hearings on the role of hedge funds in the financial crisis and whether they should be more strictly regulated.

The Internal Revenue Service is doling out nearly $8 million in matching grants to groups around the country participating in its Volunteer Income Tax Assistance program.

CCH has introduced two online tax research products for solo practitioners and small to midsized CPA firms.

The Treasury Department’s financial rescue plan has quickly provoked controversy in the month since it was passed, not least because of an IRS rule change that could well violate the Tax Code.

Nations around the world are reducing corporate taxes, according to a report by PricewaterhouseCoopers.

Former NFL player Ben Coleman was sentenced to three years in jail on charges of federal tax evasion, identity theft and the filing of false loan applications.

Singer Melissa Etheridge said she will stop paying her California state taxes after voters there approved a ballot measure banning gay marriages.

The American Institute of CPAs has given one of its most prestigious awards to tax attorney Albert B. Ellentuck.

Accounting firm Rosen Seymour Shapss Martin & Co. has named a new managing partner, Martin L. Greenberg.