Practice Management

The Internal Revenue Service’s Return Preparer Office has entered the world of social networking with a new presence on Facebook.

A California man has pleaded guilty to filing false liens against several federal government offices and employees, including Internal Revenue Service agents.

The Internal Revenue Service said its electronic filing program has reached a major milestone, passing the 1 billion mark for individual tax returns processed safely and securely since 1986.

The Internal Revenue Service said Thursday that some parts of Schedule H on the Form 990 are optional for the 2010 tax year for tax-exempt organizations that operate one or more hospital facilities.

IMGCAP(1)]What is your brand? It’s your service, client satisfaction, your niche expertise, your community involvement; it’s everything your firm does.

The Internal Revenue Service said Wednesday that approximately 275,000 organizations have automatically lost their tax-exempt status under the law because they did not file legally required annual reports for three consecutive years.

Former Minnesota Governor Tim Pawlenty outlined his tax cut proposals during a speech in which he called for lower tax rates than other Republican presidential candidates have suggested so far.

The Internal Revenue Service cannot verify whether individuals claiming a Qualified Motor Vehicle tax deduction are entitled to a deduction at the time their tax returns are processed.

A funny thing has been happening with the $7,500 plug-in electric vehicle tax credits that GM has been dangling before prospective buyers of its Chevrolet Volt: In many cases dealers rather than customers have been getting the tax breaks.

The Treasury Department and the Internal Revenue Service have proposed a set of changes to the New Markets Tax Credit program to encourage more money to go toward non-real estate businesses located in low-income communities.