Practice Management

The IRS urged tax professionals in an email Wednesday to verify their Electronic Filing Identification Number activity to safeguard against tax fraud.

The Internal Revenue Service has begun conducting on-site inspections of tax preparers who continue to have problems with verifying their clients’ eligibility for claiming the Earned Income Tax Credit, and warned that the penalty has increased.

DSD Systems has acquired the Sage 100 Extended Solutions library of business technology solutions and services provider SWK Technologies.

While some farms may raise cattle, poultry or fish and others grow fruits or vegetables, all will report their farm income on Schedule F, Profit or Loss from Farming. If your clients own a farm or ranch, here are 10 tax tips from the IRS.

The number of changes in sales and use taxes declined in the fourth quarter of last year, according to a new report.

The Internal Revenue Service has filed a tax lien for $4,628,928.55 against Martin Shkreli, the former CEO of Turing Pharmaceuticals who hiked the price of a lifesaving medication produced by the company by 5,000 percent.

A former Internal Revenue Service agent has been convicted in a federal court in Seattle for receiving a bribe from a marijuana dispensary owner.

The New York hedge-fund manager Robert Mercer, one of the biggest conservative donors in the country, has been funding a group that's paying for a Tea Party lawsuit against the Internal Revenue Service and seeking to sharply limit the role of the federal government.

A roundup of some of our favorite recent tax fraud cases.

During my years working in management consulting, I was often asked by friends and family, “So, what exactly do you do…?”