Tax

The rate at which the mortgage interest deduction is claimed and the average amount deducted varies widely across states and within states themselves, according to a new report.

CCH Small Firm Services and eFileCabinet are teaming up on offering PortalSafe, an integrated portal and file sharing service aimed at tax and accounting professionals.

The pros and cons of working with a tax franchise

The American Institute of CPAs has sent tax reform recommendations to five of the 11 working groups on the House Ways and Means Committee tasked with studying various aspects of tax reform.

The House Ways and Means Committee held a hearing on tax reform and residential real estate, considering the effect of changing popular tax breaks like the mortgage interest deduction.

Nexus for state corporate income and sales and use taxes remains widely variable between states, according to the Bloomberg BNA 2013 Survey of State Tax Departments.

The Internal Revenue Service has issued draft versions of two forms needed for overseas taxpayers to file in connection with the Foreign Account Tax Compliance Act.

H&R Block is sending $25 prepaid debit cards to the customers affected by a tax-filing glitch related to education tax credit claims.

It’s been kicking around in one form or another for the better part of a decade, but it looks as though it finally has some momentum.

The Internal Revenue Service is continuing to make progress in its implementation of key elements of the Affordable Care Act, according to a new government report, but it could expand the use of employer-provided health care information to ensure employer, health insurer and taxpayer compliance with the ACA.