Practice Management

The Internal Revenue Service needs to improve the security of a Web portal used by tax preparers to electronically file tax returns and submit and retrieve other tax-related information, according to a new report.

The Internal Revenue Service has issued new guidance on the recently passed health care reform bill to clarify that small businesses receiving state health care tax credits can still qualify for the full federal health care tax credit, and they can receive the health care tax credit not only for regular health insurance but also for add-on dental and vision coverage.

The Internal Revenue Service needs to beef up tax compliance efforts for nonresident aliens who earn money in the U.S., according to a new government report.

SAP America Inc., the German software maker’s American subsidiary, has signed a definitive agreement to acquire Sybase Inc. in a transaction that will bring the two IT giants together to enable companies to take better advantage of mobile technologies and services.

BNA Tax & Accounting has introduced State Tax Nexus Evaluator, a research product that helps businesses and practitioners determine income tax nexus for 50 U.S. states, Washington, D.C., and New York City.

Taxpayers filed over 4.5 million returns with adjusted gross income of $200,000 or more for 2007, up from over 4 million returns in the prior year, according to newly released IRS statistics.

Supreme Court nominee wrote a brief on behalf of the IRS in a far-reaching tax case that could come before the Supreme Court.

A federal judge in Kansas City, Mo., has permanently barred Allen R. Davison from promoting a variety of tax fraud schemes, including some that used sham companies, sham chicken-flock contracts, and sham pension plans.

Ernst & Young has joined the U.S. State Department’s new E-Mentor Corps program to provide mentorship to entrepreneurs around the world.

The Internal Revenue Service has selected four new members of its Advisory Committee on Tax-Exempt and Government Entities for the term starting in 2010 and ending in 2012.