Practice Management

A former Internal Revenue Service revenue agent has been sentenced to nearly three years in prison for his involvement with a scam that bilked investors out of more than $8 million by persuading them to buy unregistered securities in various Internet companies.

The Internal Revenue Service has proposed regulations that would require taxpayers with Employer Identification Numbers to periodically provide the IRS with up-to-date information.

Only 16 percent of tax and finance departments are actively involved in corporate sustainability efforts, according to a new survey by Ernst & Young.

The Internal Revenue Service needs to do a better job of documenting whether it completed all of the necessary pre-screening steps before hiring new employees, according to a new government report.

Accounting and advisory firm Sikich has merged with Denver-based Microsoft Dynamics AX reseller Streamline Systems, rounding out its own Dynamics sales and consulting practice.

PricewaterhouseCoopers has unveiled an online risk management tool in conjunction with the release of an annual report on reviewing risk management trends.

A Southern California tax preparer was convicted in a Seattle courtroom for helping nearly 1,000 clients claim more than $763 million in fraudulent tax refunds by preparing falsified tax returns on their behalf.

Weaknesses in the Internal Revenue Service’s financial and tax-processing systems continue to jeopardize the confidentiality, integrity and availability of sensitive taxpayer information, according to a new report by the Government Accountability Office.

This is the first year that the IRS requires payments made with a credit or debit card to be reported by merchants who processed more than $20,000 and 200 transactions.

A congressional subcommittee plans to hold a hearing next Thursday on the 2012 tax return filing season, with one of the main topics to be the recent reports of tax refund delays.