Practice Management

Internal Revenue Service commissioner John Koskinen told a congressional subcommittee about the IRS’s progress on the Affordable Care Act and the impact that tax subsidies will have next tax season.

The Eighth Circuit Court of Appeals has affirmed a Tax Court decision disallowing deductions related to a farmhouse.

The Internal Revenue Service’s Office of Professional Responsibility has released guidance under Circular 230 regarding power of attorney for tax practitioners who are employed by large corporations.

Master limited partnerships, tax-exempt companies that pay investors most of their income at the cost of added risk, are spreading in the shipping industry.

The AICPA recently produced an infographic showing how accountants are viewed by business decision makers.

Highlights of some of our favorite tax-related blogs from the past week.

The Internal Revenue Service said Wednesday that more than 1 million tax payments have been processed so far this year through its new IRS Direct Pay system.

The Obama administration can make tax inversions less economically attractive to U.S. corporations and deter companies from changing their addresses, Treasury Secretary Jacob J. Lew said.

The owner of a Michigan human resource management firm was charged with filing false tax returns on behalf of his business clients.

The House has passed legislation that would toughen the penalties for criminals who engage in identity theft through stolen tax returns.