Practice Management

Fewer workers this year plan to use their tax refunds to pay off their bills, and more plan to put the money into savings, according to a new survey.

The American Institute of CPAs has joined up with the White House on a new initiative aimed at helping veterans and their families who want to start or grow a small business.

A pair of U.S. lawmakers has introduced a bill that would allow the courts to intercept tax refunds from delinquent debtors who owe restitution to victims or have outstanding court fees.

IMGCAP(1)]In 2009, U.S. prosecutors achieved a staggering victory against UBS, forcing the largest Swiss bank to settle criminal and civil charges that it aided and abetted tax fraud by assisting Americans to hide funds from U.S. taxation.

A Bronx tax preparer has been convicted of using the Social Security numbers of children to file false tax returns.

More than 224,000 people who received passports in 2008 owed a total of over $5.8 billion in federal income taxes, but Congress would need to change the laws to enable the State Department to coordinate with the IRS on denying them passports, according to a new government report.

Poulos Accounting & Consulting Inc. has released a DVD series designed to teach the fundamentals of QuickBooks to CPAs, accounting and tax professionals, business owners or those seeking employment.

The Internal Revenue Service has paid an unidentified CPA $4.5 million as the first award under its newly expanded whistleblower program.

The Internal Revenue Service has warned that tax refunds may be delayed for paper-based tax returns in the event of a government shutdown.

It’s easy to understand the IRS Small Business/Self-Employed Division’s rollout of its program to request QuickBooks or Peachtree files from small business taxpayers under examination.