Income Tax

Rising income tax receipts helped lift Oklahoma tax revenue collections in January to 10.2 percent more than the same month a year ago, state finance officials said Tuesday.

TurboTax this year unveiled a product called CPA select. While this has some benefits for consumers who want a CPA to do their taxes but don’t want to guess at what the cost will be, there are some benefits for up-and-coming CPA firms as well:

A bill in the North Dakota state legislature that would suspend the state's income tax has failed in committee.

Small-business owners were slightly more optimistic about the economy last month but their outlook remained poor, according to a private survey released Monday.

A man who cashed an income tax refund check for nearly $4 million pleaded guilty in U.S. District Court on Monday to making a false claim against the IRS and to filing fraudulent, retaliatory liens against two federal judges and two federal prosecutors after his indictment for the false tax return.

An Ohio CPA was found guilty by a federal jury for leading a financial scam that took more than $40 million from investors in Ohio, North Carolina and Virginia.

A Charlotte, North Carolina, woman has been convicted in federal court jury of a Medicare fraud scheme that cost the government at least $650,000, prosecutors say.

A woman who was convicted of stealing more than $800,000 from a local drug store has been sentenced to serve at least 15 years in prison.