Income Tax

An organization of tax professionals is supporting the IRS in its appeals of a federal court ruling.

Taxpayers sometimes find themselves in a vulnerable position when it comes to IRS audits. But an Oregon man is claiming a new twist on the dilemma.

14 defendants in six separate cases were charged for taking part scams that involved thousands of stolen identities that were used to submit millions of dollars in fraudulent tax refund claims.

For almost two decades, California has provided a hefty tax break for residents owning shares of small businesses that keep most of their workers and assets in the state.

A South Carolina state senate bill that would raise taxes for the state's wealthiest earners advanced Tuesday after an attempt to negate effects of the hike failed.

Across the nation, identity thieves are using legitimate information to scam honest taxpayers, and frequently posing as the IRS to do so.

Many do-it-yourself filers could pay about the same to have a credentialed tax expert do them, and still get their refund in about the same time, and with the peace of mind of real professional guidance.

A Somerset County (Pennsylvania) man was sentenced Monday to six months in prison followed by three years on probation for dodging more than $120,000 in federal income taxes over a three-year period.