Practice Management

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.

The Internal Revenue Service is asking for feedback on its plans to update its rules for how its Office of Appeals should communicate with other parts of the IRS about taxpayer disputes without the taxpayers or their representatives in the room.

A federal appeals court has affirmed a Tax Court ruling in favor of a couple who had asked the Internal Revenue Service to sell their shares of stock to pay the money they owed for failing to report income from a check-cashing scheme.

SIB Development & Consulting has formed a strategic partnership with BookKeeping Express to offer SIB’s services for reducing businesses’ monthly expenses through BookKeeping Express’s 30-plus franchise locations.

Enterprise Worldwide and Acuity Capital are teaming up to help CPA firms offer merger and acquisition intermediary services in their practices.

Government entities that didn’t comply with the tax laws received different terms in the agreements they reached with the Internal Revenue Service to resolve their tax issues, according to a new report.

The Internal Revenue Service has issued letters denying tax-exempt status to three unidentified political groups that had applied for the exemption as Section 501(c)(4) groups.

The so-called “cut, cap and balance plan” legislation that passed the House would require the passage of a Balanced Budget Amendment to the U.S. Constitution that would mandate a two-thirds supermajority to approve any future tax increases.

A bipartisan group of senators that has been meeting on and off for months to hammer out a budget deficit reduction plan appears to have reunited and gained support on both sides of the aisle for a plan to reduce the budget deficit by $3.7 trillion over 10 years.

The Internal Revenue Service intends to stop authorizing the high-low per diem method for substantiating lodging, meal and incidental expenses that can be incurred when traveling away from home.