Practice Management

A New Jersey tax preparer was convicted of tax fraud for getting unearned tax refunds for his clients to make extra money for himself.

A series of budget cuts at the Internal Revenue Service have led to declines in taxpayer service, case closures and dollars collected from delinquent taxpayers, according to a new government report.

The Centers for Medicare and Medicaid Services’ internal controls did not effectively ensure the accuracy of nearly $2.8 billion in financial assistance payments to insurance companies under the Affordable Care Act during the first four months that the payments were made, according to a new government report.

It’s one of the sweetest employee perks in the hedge-fund world: a chance to invest in Medallion, the wildly profitable fund created by market legend James Simons.

Thirteen community organizations have written a letter to IRS Commissioner John Koskinen asking the IRS to investigate whether the Walmart Foundation qualifies as exempt under Section 501(c)3 of the Tax Code.

Senators Chuck Grassley, R-Iowa, and John Thune, R-S.D. introduced legislation to improve customer service at the Internal Revenue Service, create new taxpayer protections, and update and strengthen existing taxpayer protections.

The Internal Revenue Service has released final regulations on the portability of a deceased spousal exclusion amount for surviving spouses facing estate and gift taxes.

ATAX, a Latino-owned tax preparation, bookkeeping and payroll services franchise company, reported Monday that the 2015 tax season was its strongest since it began franchising in 2007.

Rep. Jason Chaffetz, R-Utah, and a bipartisan group of lawmakers have teamed up to introduce new legislation that aims to make it easier for states and localities to collect sales taxes on online purchases and other remote transactions.

The National Society of Accountants has created a Tax Practitioners Bill of Rights.