Practice Management

A federal appeals court has revived a lawsuit charging the IRS with depriving taxpayers of billions of dollars in refunds on long-distance telephone excise taxes.

A report from the Treasury Department’s Inspector General for Tax Administration recommends that the IRS adopt a centralized approach to crack down on fraud at nonprofit organizations.

The Internal Revenue Service has extended the filing deadline yet again for people to report on foreign tax accounts, giving them until June 30 of next year, but only under certain circumstances.

Tax preparer David Canales was arraigned in a San Diego federal court on an 18-count indictment charging him with mail fraud, wire fraud and tax evasion after he created checking accounts named after the IRS and the California Franchise Tax Board.

WebCPA received a complaint from the Association for Accounting Marketing in response to a recent Inside Views column:

A former Chicago rabbi and nine others were charged in a $35 million tax fraud conspiracy, accused of filing 3,300 false tax returns in the names of federal prison inmates.

The knee-jerk reaction to the significant downturn in the economy is to cut, cut, cut - each and every expense line on your income statement.

Is your firm currently managing workflow through a combination of spreadsheets and Microsoft Outlook? Are you mailing CDs or, worse yet, paper?

1. What do you see as the main lesson of last tax season?

1. What do you see as the main lesson of last tax season?