Practice Management

New Jersey Governor John Corzine must be breathing a sigh of relief now that his state has recovered over $625 million from a tax amnesty program.

Harriette Walters, the former tax office manager for the District of Columbia, was sentenced to 17 and a half years in prison for masterminding a tax scam estimated to have cost the district $48.1 million.

National Taxpayer Advocate Nina Olson plans to make oversight of tax return preparers one of her office’s main priorities in the coming fiscal year.

The IRS has excluded pay-for-performance success payments made under the federal government’s new Home Affordable Modification Program from counting as income.

Victims of recent storms in Alabama and Missouri and wildfires in Oklahoma may qualify for tax relief from the IRS.

A UBS client and chartered accountant has pleaded guilty to filing a false tax return for his 2004 taxes in the latest sign of the IRS’s stepped-up enforcement efforts against the Swiss bank’s U.S. customers.

Accounting firm Plante & Moran plans to merge with Jackson, Rolfes, Spurgeon & Co., extending Michigan-based Plante to the Cincinnati market.

A new analysis by a former high-ranking IRS official explains how the Tax Code’s corporate reorganization provisions afford tax-free treatment to certain corporate combinations and realignments.

The IRS often fails to send notices of federal tax liens to taxpayer representatives such as accountants, according to a new report.

The Internal Revenue Service has extended the deadline for filing a report on foreign bank accounts to Sept. 23 from the original June 30 deadline as it seeks to crack down on offshore tax havens.