Practice Management

The Internal Revenue is granting relief to people who have been burdened with the old tax debts of their estranged spouses by eliminating the two-year limit on requests for innocent spouse relief.

Some taxpayers received multiple refunds for their First-Time Homebuyer Tax Credit claims, while others changed the acquisition date of their homes on their amended returns to avoid having to repay the refunds they had improperly claimed, according to a new report.

A former special agent who worked for the National Aeronautics and Space Administration’s Inspector General office has pleaded guilty to filing a false tax return that failed to list the $300,000 in cash he stole from his church’s collections while serving as a deacon.

The Internal Revenue Service paid fewer than 100 whistleblowers last year, about half the number it paid two years ago, even though it received more than twice the number of whistleblower cases.

The former head of Credit Suisse’s North America Offshore Banking unit has been charged along with three other officials with conspiring to help U.S. taxpayers hide their assets in secret accounts at the Swiss bank.

A tax preparer pleaded guilty in a New Jersey federal court to preparing false income tax returns after he was caught by an undercover IRS agent posing as a client.

IMGCAP(1)]Business development seems to be the buzzword of 2011 (probably fourth behind cloud, social media, and merger).

Twenty-four percent of homeowners say they have challenged their property tax assessments at some point, according to a new survey.

The House Ways and Means Oversight Subcommittee plans to hold a hearing next Thursday on the Internal Revenue Service’s recent efforts to step up regulation of tax return preparers.

The IRS’s Taxpayer Advocate Service may be pursuing relatively minor issues instead of truly systemic problems, according to a new report from the Treasury Inspector General for Tax Administration.