Practice Management

Tax season creates many opportunities for an accounting firm. One main reason is the compression of sometimes an almost unbearable amount of work into a short period with tight deadlines.

The Internal Revenue Service has released a new guide for auditors in its Large Business and International division outlining a new examination process for big businesses.

Donald Trump’s disclosure that his tax returns have been under review by the Internal Revenue Service for the past 12 years reflects a “very unusual” level of scrutiny by tax authorities, according to a former Internal Revenue Service agent who now works as an accountant for wealthy people.

Senator Ted Cruz and his wife, Heidi, paid $1.5 million in federal income taxes from 2011 through 2014 on adjusted gross income totaling more than $5 million, according to partial tax returns released in e-mails to reporters by the Republican presidential candidate’s campaign Saturday.

Florida Senator Marco Rubio and his wife, Jeanette, reported $2.3 million in income over the past five years and paid $526,092 in federal income taxes, according to tax documents released by the presidential candidate’s campaign Saturday.

A roundup of our favorite recent tax fraud cases.

Farmers and fishermen who chose to forgo making quarterly estimated tax payments for 2015 generally must file their 2015 federal return and pay any tax due by Tuesday, March 1.

What’s new for 2015 tax returns?

The Internal Revenue Service is appealing a court decision that it lost last year to a chip maker in a case involving stock-based compensation.

The Internal Revenue Service said Friday that an investigation into last year’s data breach in the online Get Transcript application revealed it affected hundreds of thousands more taxpayers than originally believed.