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 »
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IRS Swamped by Tax Filings
March 5, 2013The Internal Revenue Service said Tuesday that its Modernized e-File Production system is taking... Read more »
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Tax-Exempt Bonds and Small Business Health Care Tax Credit Take a Hit from Sequester
March 5, 2013The Internal Revenue Service said that budget sequestration would require reductions in... Read more »
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IRS Allows Remaining Tax Forms to be Filed
March 4, 2013The Internal Revenue Service said Monday that its systems are operational for all remaining... Read more »
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Q2 Interest Rates to Stay the Same
March 1, 2013The Internal Revenue Service today announced that interest rates will stay the same for the... Read more »
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IRS Extends Deadline for Hurricane Sandy Tax Break
March 1, 2013The Internal Revenue Service has postponed until Oct. 15, 2013, the deadline to make an election... Read more »
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IRS Employees May Face 5- to 7-Day Furloughs from Sequester
February 28, 2013The budget sequester in Washington, D.C., could prompt furloughs of up to a week for Internal... Read more »
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IRS Has Trouble Assessing Risk of Improper Tax Payments
February 28, 2013The Internal Revenue Service’s risk assessment process does not provide a reliable... Read more »
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IRS Allows Greater Flexibility in Voluntary Worker Reclassification Program
February 28, 2013The Internal Revenue Service said Thursday it was expanding its Voluntary Classification... Read more »
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IRS Plans to Enable Remaining Tax Forms to Be Filed
February 28, 2013The Internal Revenue Service plans to allow more of the remaining tax forms that have not been... Read more »
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Depreciation Limits for Cars Released
February 27, 2013The IRS has released Revenue Procedure 2013-21, which provides the depreciation deduction... Read more »
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FinCEN Warns Banks to Watch for Signs of Identity Theft-Related Tax Fraud
February 27, 2013The Financial Crimes Enforcement Network, one of the Treasury Department’s lead agencies in... Read more »
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Letting the Sequester Fester
February 27, 2013Less than two months ago Washington escaped from the doomsday scenario of the looming... Read more »
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IRS Bids to Reinstate Tax Preparer Regulation Regime
February 26, 2013The Internal Revenue Service has filed notices with a federal district court and appeals court of... Read more »
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IRS Issues Favorable Ruling on WTP’s Like-Kind Exchange Program
February 26, 2013The Internal Revenue Service has released a favorable private letter ruling allowing WTP... Read more »
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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.
