Tax Strategies

CCH Small Firm Services, part of Wolters Kluwer Tax and Accounting, has acquired IntelliTax, a tax software company formerly known as Orrtax Software Solutions.

An attorney for New York Governor David Paterson's chief of staff has attributed his client's neglect in filing tax returns between 2001 and 2005 to "failure-to-file syndrome."

The Internal Revenue Service said that more than 279,000 economic stimulus checks, totaling about $163 million, and over 104,000 regular refund checks, totaling about $103 million, have been returned by the U.S. Postal Service due to mailing address errors.

Payroll processor PayCycle said its 1099 MISC E-File service would be open for accounting professionals serving small business clients starting Jan. 1, 2009.

A recent study of unpublished Internal Revenue Service data has found that wealthier people are hiding their income at greater rates than those in lower income brackets.

The Internal Revenue Service reported that it has seen a strong response to its settlement offer for two types of tax shelters, with companies agreeing to pay back taxes totaling billions of dollars.

Federal Reserve Chairman Ben Bernanke has given new life to calls for an economic stimulus package, but exactly what it will be is anybody's guess.

The New York State Society of CPAs and its Foundation for Accounting Education plan to hold an auditing conference on Oct. 27.

Cindy McCain has released the summary pages of her recently filed 2007 federal tax return.

BNA said its vice chair, Sandra C. Degler, has died of cancer.