IRS Watch
Check back here frequently for the latest news on tax developments and new rules and regulations from the Internal Revenue Service. The IRS is always producing regulations and guidance for tax preparers and practitioners to follow, while increasingly coordinating on an international basis with tax authorities abroad on both individual and business tax compliance.
Obama Appoints Budget Official as Acting IRS Commissioner
(Bloomberg) President Barack Obama appointed Daniel Werfel, controller of the White House budget office, as acting commissioner of the Internal Revenue Service. Read more »
-
IRS Offers Tax Penalty Relief to Storm Victims Who Can’t File Taxes on Time
April 15, 2013The Internal Revenue Service said Monday that it would provide tax penalty relief to anyone... Read more »
-
IRS Disbars CPA for Charging High Fees and Giving Bad Advice
April 12, 2013The Internal Revenue Service said Friday its Office of Professional Responsibility has disbarred... Read more »
-
Group Petitions IRS to Curb Political Activity by Tax-Exempt Organizations
April 12, 2013After initially filing a lawsuit against the Internal Revenue Service, the advocacy group... Read more »
-
Tax Refund Amounts Fell During Delayed Tax Season
April 11, 2013Changes to the tax laws at the beginning of the year resulted in a delayed tax season in which... Read more »
-
IRS Reads Taxpayer Emails Without a Warrant
April 11, 2013New documents from the Internal Revenue Service suggest the agency’s criminal tax division... Read more »
-
Simplified Cash Method Keeps Taxes Simple
April 11, 2013Owning your own business is about doing the one thing you love to do, and 99 other things you... Read more »
-
IRS Plans to Reduce Corporate Audits
April 9, 2013The Internal Revenue Service is planning an 18 percent reduction in its audits of large... Read more »
-
IRS Needs to Improve Privacy Impact Assessments
April 9, 2013The Internal Revenue has not established effective processes to ensure that its Privacy Impact... Read more »
-
IRS Releases Draft Form for FATCA Registration
April 8, 2013The Internal Revenue Service has released a draft version of the form that financial institutions... Read more »
-
IRS Staffers Warn of Taxpayer Assistance Delays from Budget Cuts
April 8, 2013The union representing Internal Revenue Service employees is warning that budget cuts will hamper... Read more »
-
IRS Criminal Investigation Warns about Tax Preparer Fraudsters
April 5, 2013As the April 15 deadline for filing taxes approaches, a federal prosecutor and the head of the... Read more »
-
IRS Proposes Regulations for Charitable Hospitals
April 4, 2013The Internal Revenue Service has issued proposed regulations on the requirement that charitable... Read more »
-
IRS Has Trouble Dealing with Foreign Currency
April 4, 2013The Internal Revenue Service is often unable to process tax payments made in foreign currencies... Read more »
-
AICPA Backs IRS Changes in Cancellation of Debt Reporting
April 3, 2013The American Institute of CPAs has written to the Internal Revenue Service agreeing with the... Read more »
Search Accounting Today
Women in Accounting: Where are the Leading Ladies?
May 17, 2013
Marcum’s Nanette Lee Miller and Janis Cowhey McDonagh sat down with managing editor Tamika Cody to discuss some of the obstacles women in the accounting profession face when trying to make their way into leadership positions.
IMA’s Jeff Thomson on the Role and Skills of Management Accountants
May 8, 2013
Institute of Management Accountants president and CEO Jeffrey Thomson discusses why accounting students should consider management accounting as a career, and the IMA's partnership with John Wiley & Sons.
Breaking out of Molds to Get Ahead
May 6, 2013
ConvergenceCoaching partner Jennifer Wilson talks with Accounting Today senior editor Danielle Lee about how female accountants can position themselves better for a promotion at their firms.
SLIDE SHOW
Top 10 Tech Initiatives -- 2013
May 5, 2013
The AICPA's annual list of IT priorities for accounting firms.
Common E-mail Security Mistakes
April 23, 2013
These five bad habits can make your confidential information -- and that of your clients -- easy to steal.
The Art of the Tax Cartoon
April 9, 2013
A selection of tax cartoons from Philly tax firm Drucker & Scaccetti's 'Finding Humor in Taxes' exhibit.
