Tax

IRS Extends Tax Relief to Some New Jersey and New York Victims of Hurricane Sandy; Return Filing and Tax Payment Deadline Extended to April 1, 2013

Oklahoma Governor Mary Fallin and House and Senate GOP leaders again will push for a cut in the state income tax when lawmakers return to the Capitol on Monday for the start of a new legislative session.

Oklahoma officials want to remind area employers the Federal Indian Lands Tax Credit has been extended.

Most living Americans think that an income tax has always been there... but no. In 1913, the U.S. Congress passed the first permanent income tax.

The scheme was as audacious as it was ambitious: Rob the Internal Revenue Service of $160 million in tax refunds based on the bizarre belief that the government had set up secret bank accounts for each American, accessible by utilizing the right tax forms.

IRS tax return preparer program takes another hit, but professional and consumer organizations support it.

Thomson Reuters recently announced the release of ONESOURCE Operational Transfer Pricing, its newest corporate tax and accounting solution for multinational companies. Thomson Reuters provides tax and accounting products and services for businesses and professionals. “Our software is the first and only in the industry that allows for this deep level of control and reporting,” said […]

A Macon, Georgia, tax return preparer was sentenced to five years in prison Wednesday and pay more than $200,000 restitution after he pleaded guilty to filing false claims for tax refunds, according to the U.S. attorney's Office.