Tax

The Internal Revenue Service continues to have problems with its internal controls and financial management systems, according to a new report from the Government Accountability Office.

The financial crisis will make it more difficult for businesses to comply with sales and use tax payments, according to a new survey.

Electronic tax filing for individuals and businesses set a record in 2008, according to the Internal Revenue Service.

The Justice Department and the Internal Revenue Service have accused a senior executive at UBS of helping U.S. taxpayers evade income taxes on approximately $20 billion in assets.

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.