Practice Management

Democrats on the Senate Finance Committee released a new report Tuesday, “How Tax Pros Make the Code Less Fair and Efficient: Several New Strategies and Solutions,” in conjunction with a hearing on “Fairness in Taxation.”

The Internal Revenue Service is continuing its enforcement push against refund fraud and identity theft, and today announced the Top Ten Identity Theft Prosecutions for Fiscal Year 2014.

The Sleeter Group, which hosts a popular conference for accounting technology consultants, has been acquired by Diversified Communications, a family-owned, international media company with a 65-year history.

I have been fortunate to have opportunities that helped me grow and have a great fun-filled career.

The Internal Revenue Service’s Large Business & International division has opened a gateway that financial institutions and the tax authorities abroad can use to send information on financial accounts held by U.S. taxpayers in accordance with the Foreign Account Tax Compliance Act.

The Internal Revenue Service is auditing the taxes of fewer businesses as a result of budget cuts in recent years.

Sen. Chuck Grassley, R-Iowa, said he plans to introduce legislation to deny undocumented immigrants who qualify under President Obama’s executive action on immigration reform the ability to claim the Earned Income Tax Credit for previous years.

The Internal Revenue Service said Monday that farmers and fishermen who miss this year’s March 2 tax deadline because they are receiving corrected premium tax credit forms from the Healthcare.gov health insurance marketplace will have until April 15, 2015, to file their 2014 returns and pay any tax due.

The Internal Revenue Service has released a notice that provides guidance to employers on the requirements for employee consents used by an employer to support a claim for refund of over-collected Social Security tax and Medicare tax.

Gilead Sciences Inc., whose $1,000-a-pill hepatitis C treatment is one of the world’s most expensive drugs, is avoiding billions of dollars in U.S. taxes by booking profits overseas.