Practice Management

The White House introduced the ability to generate a “federal taxpayer receipt” on its Web site Friday.

Tax filers who paid an accountant or CPA to prepare their returns registered a high level of satisfaction with their method of preparation, with 75 percent stating that they were “very satisfied” in working with the accountant or CPA, according to a new survey.

The Internal Revenue Service is asking the public for recommendations on items that should be included on its 2011-2012 Guidance Priority List.

Problems with administering the First-Time Homebuyer Credit and similar tax credits indicate the Internal Revenue Service needs to strengthen its controls over all refundable credits, a new government report recommended Friday.

It’s doubtful whether the tax changes proposed by the President in his speech on Wednesday would generate much of a dent in the deficit, even if they were to be accepted by Congress.

President Obama signed legislation Thursday repealing the expanded 1099 reporting requirements in the health care reform law and Small Business Jobs Act.

The Internal Revenue Service issued final regulations Thursday lowering the initial enrollment and renewal of enrollment user fees for enrolled agents and enrolled retirement plan agents, and separating the enrolled retirement plan agent user fees from the enrolled agent user fees.

A House committee has passed two bills that would prohibit people with seriously delinquent tax debts from receiving federal contracts or grants or serving as federal employees.

A bipartisan pair of senators has introduced a bill that would require most employers to file their W-2 forms electronically.