Practice Management

The Internal Revenue Service is warning consumers to beware of a new email phishing scam in which fraudulent emails purport to come from the IRS Taxpayer Advocate Service, complete with a bogus case number.

Some of our favorite recent tax fraud cases.

Tax returns filed this season by tax professionals are down 1.3 percent so far compared to last year, while self-prepared returns are up 5.9 percent, according to the latest IRS statistics.

The Internal Revenue Service is permitting millions of dollars in potentially improper self-employed retirement plan deductions to be claimed, according to a new government report, which estimates that up to $71.4 million over five years could be saved with better controls.

State tax exam information requests are increasingly becoming more comprehensive and demanding.

A decade ago, few of us had heard of identity theft. Now, most of us know someone who has been a victim. And of course, a large portion of ID theft affects tax preparers and taxpayers directly, since tax refunds are a huge target of identity thieves.

With the April 15 tax day quickly approaching, a leading online tax preparer school is offering its own kind of relief in the form of student scholarships.

The Internal Revenue Service is providing guidance for 2014 that will allow taxpayers who are the victims of domestic violence to satisfy a joint filing requirement with a married-filing-separate return in order to obtain the Affordable Care Act's premium tax credit.

Senate Budget Committee Chairman Patty Murray, D-Wash., and two other prominent Senate Democrats introduced legislation Wednesday to update the Tax Code to help workers and families keep more of what they earn, but also double the penalty on tax preparers who do not follow the Internal Revenue Service’s due diligence requirements for claiming the Earned Income Tax Credit.

The Internal Revenue Service needs to do better at enabling its frontline employees to identify potentially dangerous tax practitioners, according to a new government report that found at least 84 taxpayer representatives who represented a threat to IRS employees and at least two instances of physical assault.