Practice Management

House Majority Leader Eric Cantor, R-Va., has exited from negotiations over resolving the problem of the looming debt ceiling, saying he is unable to agree to any tax increases.

It looks as though the time has come for comprehensive patent reform, which includes the banning of tax strategy patents.

Four people associated with a Bronx tax preparation business have been charged with participating in a scheme to file fraudulent federal income tax returns using the identities of others and one has been accused of threatening IRS agents.

The Internal Revenue Service has increased the optional standard mileage rates for the final six months of 2011, in response to higher fuel prices.

Some of the 2,200 databases that the Internal Revenue Service uses to manage and process taxpayer data are not configured securely, are running out-of-date software, and no longer receive security patches, according to a new government report.

An accounting firm owner and former IRS employee was arrested and charged with running a mortgage fraud scheme involving fake buyers of homes.

BKD LLP has introduced a mobile app version of its Web site, HealthCareReformInsights.com, showcasing the accounting firm’s health care consulting practice for Android phone users.

At a recent hearing before the Senate Appropriations Committee, IRS Commissioner Doug Shulman heard from senators that the agency ought to provide taxpayers with its own free online tax software.

The Internal Revenue Service has extended the filing due date for the 2009 and 2010 Form 8955-SSA, “Annual Registration Statement Identifying Separated Participants with Deferred Vested Benefits.”