Practice Management

Reeling from a series of budget cuts in recent years, the Internal Revenue Service has slashed the customer service functions at its walk-in offices, but did not evaluate the potential impact of reducing or eliminating key services at 386 Taxpayer Assistance Centers prior to implementing changes at those locations, according to a new government report.

The Internal Revenue Service is being pressed to provide more awareness of tax breaks for victims and survivors of terrorist attacks such as 9/11, including first responders.

While it is inevitable that a firm or company will eventually age and die, it is the responsibility of the managing partner or CEO to ensure that the firm or company remains viable.

The IRS Return Preparer Office plans to mail letters this week to approximately 5,000 preparers who are doing returns without valid PTINs.

The scheduled depletion date for Social Security’s Disability Insurance Trust Fund is only two years away, in late 2016, according to a new government report.

Crowe Horwath LLP has announced the sale of its subsidiary, Creative Financial Staffing, to its employees through an employee stock ownership plan.

Approximately 83,000 employees and contractors who work for the Department of Defense, and are eligible for a security clearance, owe more than $730 million in unpaid federal taxes, according to a new government report.

The Internal Revenue Service and the Treasury Department have released final regulations on the Premium Tax Credit for health insurance, including rules that allow victims of domestic violence to claim the credit.

Some of our favorite recent tax fraud cases.

In my previous column, I described how I received a Mercedes as a fee to help a pair of businessmen resolve their tax withholding problems with the Internal Revenue Service, and I soon became an expert in IRS collection matters.