Practice Management

By identifying higher wage earners who are having too few taxes withheld from their paychecks, the Internal Revenue Service could collect as much as $1.6 billion in additional taxes over a five-year period, according to a new report.

The Internal Revenue Service plans to check for unfiled tax returns and look for unreported income from sole proprietors of small businesses during correspondence audits.

The Internal Revenue Service’s audits of the nation’s largest corporations have dropped sharply in recent years, despite growing federal budget deficits, according to a new report.

A federal grand jury has indicted an Internal Revenue Service revenue agent on charges of filing false tax returns, helping others file false tax returns, and threatening to kill tax agents who were investigating him.

The Financial Crisis Inquiry Commission held three days of hearings this week to investigate some of the causes behind the financial crisis, grilling former Federal Reserve Chairman Alan Greenspan and various executives.

An H&R Block office in the Bronx has allegedly been used for identity theft with employees or former employees the likely culprits in stealing the identities of at least 20 customers to claim refunds in their name.

Just what is clean technology and, more importantly, whyshould it matter to CPAs?

An unprecedented number of tax preparers in Manhattan and the Bronx have been charged in a variety of tax fraud schemes a week before the end of tax season.

Senior revenue officers at the Internal Revenue Service who are supposed to handle more complicated tax cases oftentimes don’t receive any work assignments, according to a new government report.

With economic uncertainty still lingering, many Americans plan to use their tax refunds conservatively, according to a new survey.