Practice management

The Internal Revenue Service is asking tax professionals to refrain from directing their clients to call the IRS’s e-help desk, saying that it is causing longer hold times on the phone line, which is only supposed to be used by practitioners.

Congressional Republicans have narrowed the estate tax so much that it affects only about 5,500 wealthy American households a year. Now they want to eliminate the tax altogether—with a bonus for heirs.

Consumer demand is not affected as much by sales taxes that are tacked onto purchase prices, as opposed to excise taxes that are included in the purchase price, according to a new study.

With minutes counting down to this year's tax deadline, clients (and many of their accountants) are scrambling to get paperwork wrapped up on time. But many financial and tax professionals caution that in the heat of the moment, even the most knowledgeable can forget the basics – never mind easy-to-miss, specialized strategies.

The IRS is giving clients who got a wrong 1095-A limited relief from tax penalties.

Some of our favorite recent tax fraud cases.

Tax professionals share how they handle clients who bother them too much.

President Barack Obama and his wife reported adjusted gross income of $477,383 for 2014, down 0.8 percent from last year, according to their tax returns.

A new report from the U.S. Congress’s Joint Committee on Taxation shows that looking only at income taxes misses most of what we pay to the federal government each year.

The IRS will begin accepting applications for the Electronic Tax Administration Advisory Committee on Monday, April 13, and continue accepting them through May 22.

The National Association of State Boards of Accountancy announced that CPAverify.org, its national registry of CPAs, has now integrated data from its 50th state board.

When it comes to social media communications, it’s not why or when…it’s how and where.

As the pace of serious discussions on tax reform picks up, it is evident that small businesses and global multinationals are making their voices heard, while the middle market is getting lost in the shuffle.

Taxpayers are waiting on long lines in front of the Internal Revenue Service’s Taxpayer Assistance Centers for routine services this tax season, as the IRS’s budget crunch even limits the number of printed tax forms the agency can distribute.

Victims of identity theft are continuing to experience long delays and errors in receiving their tax refunds, according to a new report.

The chief operating officer of an insurance and tax preparation business pleaded guilty Thursday to conspiring to prepare false tax returns for clients.

The consumer finance site WalletHub has created a ranking of the best and worst states to be a taxpayer.

One out of three small businesses reported spending more than 80 hours per year and more than one-quarter spend over $10,000 annually on complying with their federal tax obligations, according to a new survey by the National Small Business Association.

The Internal Revenue Service plans to take further steps to discourage taxpayers from exceeding the limits on contributions to individual retirement accounts within a single year.

If you’re scared of an audit by the IRS, there’s less to fear these days. New data show that budget cuts at the IRS mean the agency is investigating fewer wealthy taxpayers.