Practice Management

An economist has been charged with evading payment of approximately $500,000 in income taxes over a 22-year period, citing religious objections.

The large differences in excise tax rates for various smoking products are prompting consumers with a tobacco habit to shift their smoking habits to pipes and larger cigars, according to a new government study.

Financial executives in the medical device industry say the new excise tax included in the health care reform law will take a major impact on reducing their bottom line, according to a new survey by KPMG.

Out-of-work job seekers may be surprised when they find that IRS records show they not only already have work but are due a refund.

With Democrats and Republicans in Congress battling over competing tax legislation this week, one new bill should be able to attract bipartisan support.

The Internal Revenue Service has issued final regulations and guidance on reporting interest paid to nonresident aliens, along with a revenue procedure listing the countries with which the U.S. has a bilateral exchange of information agreement.

Agents at the IRS’s Criminal Investigation division have been cracking down on tax preparer fraud in Southern California in the waning days of tax season.

The Internal Revenue Service warned on Tax Day that it can assess a penalty if taxpayers fail to file or pay taxes, or both.

Senate Republicans blocked a bill promoted by the Obama administration that would impose a minimum tax on millionaires.

The Internal Revenue Service delayed tax refunds early this filing season for 7.8 million tax returns, according to a report by the Treasury Inspector General for Tax Administration, which also described steep cutbacks in customer service at the IRS.