Practice Management

According to the Internal Revenue Service, 28 percent of taxpayers wait until the last few weeks of tax season to file their taxes, and that adds more pressure to their tax preparers.

The IRS is requesting nominations for its Information Reporting Program Advisory Committee, a federal advisory committee that advises the service on various tax administration issues.

The Internal Revenue Service’s extra $290 million in funding this year helped the IRS improve its level of responsiveness to taxpayer phone calls, according to a new report.

European Union proposals to crack down on corporate-tax avoidance are getting stuck in a fight over how to curb aggressive tax strategies through foreign ownership, threatening the possibility of a deal by June.

The White House traded accusations of unpatriotic behavior with the CEO of a major drugmaker after unexpectedly tough new rules from the U.S. Treasury Department on corporate inversions derailed a $160 billion merger between Pfizer Inc. and Allergan Plc.

When it comes to getting a resolution considered during an Internal Revenue Service collection case in which the IRS doesn’t have criminal prosecution aspirations, there is only one piece of advice that fits every case.

The Internal Revenue Service introduced a new payment option Wednesday for individual taxpayers who need to pay their taxes with cash, letting them do so by visiting a local 7-Eleven store.

Jay Nisberg and Gary Shamis, co-authors of the book "Stratagem," discuss how often accounting firms should review their strategic plans in this video.

Tax Freedom Day, the day when the nation as a whole has earned enough to pay the federal, state, and local tax bill for year, will arrive 114 days into the year on April 24, according to an annual report from the Tax Foundation.

The Internal Revenue Service warned taxpayers about a new phishing scam targeting Washington, D.C., Maryland and Virginia residents.