Practice management

The National Association of Enrolled Agents said it has heard concerns from its members regarding the IRS list of 30 additional tax forms that 1040 filers won’t be able to begin filing until late February or early March.

The IRS has posted a list of 30 additional tax forms that 1040 filers can begin filing in late February or into March.

The Internal Revenue Service is giving tax preparers a chance to make up their continuing education hours if they didn’t complete all of the required hours by the end of last year.

National Taxpayer Advocate Nina Olson told Congress in her annual report that the Internal Revenue Service is not doing enough to assists victims of tax-related identity theft and tax return preparer fraud.

The Internal Revenue Service warned electronic filing providers Wednesday that they must not submit tax returns electronically before receiving all Forms W-2, W-2G and 1099-R from taxpayers.

The Internal Revenue Service said Tuesday that it plans to open the 2013 tax filing season and begin processing individual income tax returns on Jan. 30, more than a week after the initially planned start date of Jan. 22, but some returns cannot be processed until late February or March.

The Internal Revenue Service has begun accepting electronic signatures on requests for tax transcripts.

Every investor is familiar with the legal caveat, “past performance is not a guarantee of future results,” but the warning is apt for business owners and credit officers evaluating their potential trade partners’ creditworthiness too.

Family businesses in the U.S. are more confident about their growth prospects than their global peers—93 percent versus 81 percent—and are poised to capitalize on new opportunities, according to a new survey by PricewaterhouseCoopers.

Ray Bigley of Avalara and Joe Woodard of Woodard Consulting Group discuss why accountants should embrace the cloud and other forms of technology to grow their firms.

The Internal Revenue Service said Monday that its Modernized eFile system has begun accepting business tax returns.

Tax forms from the federal government and many states may be delayed in the aftermath of the fiscal cliff legislation, one of the largest tax preparation chains warned.

A Nevada federal court has barred Benyam Tewolde from preparing tax returns for others, the latest in a series of legal efforts against preparers affiliated with the Instant Tax Service chain.

The IRS has posted a Frequently Asked Questions page regarding Electronic Filing ID Numbers.

For the third year in a row New Jersey-based CPA firm WithumSmith+Brown took to video format and social media to help encourage its staff and promote its firm culture in a three-day shoot that resulted in communicating its current state of the firm.

The Internal Revenue Service has issued proposed regulations to create a new taxpayer identifying number known as the IRS Truncated Taxpayer Identification Number, or TTIN, that can be used instead of a Social Security number in response to the growing problem of identity theft-related tax fraud.

The Internal Revenue Service could significantly increase the revenues it collects from taxpayers by targeting its enforcement resources better, especially by using correspondence exams, according to a new report.

Switzerland’s oldest bank, Wegelin & Co., has agreed to pay $74 million to the United States to settle charges that it conspired to evade taxes with its U.S. clients, in the first-ever guilty plea to tax law violations by a foreign bank.