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H&R Block agreed to refund up to $19.4 million in fees to settle charges the tax preparation giant steered hundreds of thousands of customers to put money into its "Express IRA" program knowing it was virtually guaranteed to lose money, the New York Attorney General's Office said. Low interest...

Regardless of the flaws associated with FairTax and other tax code simplification plans, there's one thing we should all be able to agree on: Something needs to be changed.Nina Olson, the IRS' national taxpayer advocate, estimates that the preparation of IRS Form 1040 takes up 3.6 billion hours per...