Practice management

tax preparers, irs, taxes

A group of U.S. expatriates has written a letter to IRS Commissioner Doug Shulman to complain he has not responded to a directive from the National Taxpayer Advocate objecting to the way taxpayers who came forward under the 2009 Offshore Voluntary Disclosure Program were treated by IRS examiners.

The Senate has unanimously approved a provision to a highway transportation bill that would revoke the passports of people with seriously delinquent tax debts.

The Internal Revenue Service has issued transition rules for the repair regulations for tangible property.

The Internal Revenue Service has begun providing the initial set of test results and certificates to tax preparers who have registered for the new tax return preparer competency test.

Anxious taxpayers awaiting their delayed tax refunds are in some isolated cases taking out their frustrations on their tax preparers.

The Senate adopted an amendment to a larger highway transportation bill on Thursday aimed at cracking down on foreign tax havens.

The House Ways and Means Committee held a hearing to consider changing the tax treatment of closely held businesses in the context of overall tax reform efforts.

The financial services industry has always had pretty specific rules about testimonials, recommendations and advisory.

President Obama pressed for business tax reform in a speech before a group of business executives.

Online accounting industry directory CPAdirectory.com has launched Ask a CPA, a free iPhone and iPad app designed to help consumers, businesses, and accounting and tax professionals with relevant tax and accounting related research and questions.

The Internal Revenue Service is expanding its “Fresh Start” initiative to help more unemployed and financially stressed taxpayers with installment agreements and relief from failure-to-file penalties.

The Internal Revenue Service has revised two forms used by bond issuers.

Swiss lawmakers have passed a tax proposal seen as key to settling a U.S. probe into Swiss banks with hidden offshore accounts.

The Internal Revenue Service is providing tips to help taxpayers avoid a new tax scam involving bogus college tuition tax credits.

A former Internal Revenue Service agent turned tax preparer has been accused of ordering the killings of two witnesses against him who were scheduled to testify against him for preparing bogus tax returns and stealing clients’ tax refunds.

IMGCAP(1)]If you have clients whose company customer concentration as a percentage of sales looks anything like the 80/20 rule—that is, 80 percent of revenue comes from 20 percent of customers—their company’s value could be in the tank.

The Internal Revenue Service’s Criminal Investigation division needs to strengthen its controls over the undercover operations used to detect and probe criminal tax activities, according to a new government report.

The U.S. Internal Revenue Service's new software system for handling electronic tax returns has experienced problems during the tax filing season, angering some taxpayers whose refunds have been delayed.

The Internal Revenue Service’s National Tax Forums are now open for registration.