Income Tax

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 top news stories on CPA Practice Advisor for the month of January 2013.

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.

As 2012 ended and businesses and employees alike waited for Congress to resolve the crisis over the "fiscal cliff," many did what any good businessperson would do: they paid themselves early.

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.

Even though wage earning taxpayers are already paying an extra 2 percent this year after the expiration of the payroll tax cut, a new survey shows that Americans are willing to pay more to preseve Social Security.