Practice management

The Internal Revenue Service has changed the mailing address for Form 3115, Application for Change in Accounting Method.

The determination of fair value of machinery and equipment assets for financial reporting purposes should include the consideration of three forms of depreciation: physical, economic and functional.

The IRS has issued nearly 40 million tax refunds worth almost $125 billion for this season as of February 20.

The owner of several Liberty Tax Service franchises has been arrested after he was caught by police in the act of trying to drown his baby in a sink after brutally assaulting his wife.

New York City’s Department of Consumer Affairs found Thursday that one in four tax preparers do not comply with the city’s Consumer Protection Law.

You've met them: The taxpayer who calls or drops in just to see if you offer the lowest price for tax prep – or worse, just to confirm that the price they’ve found elsewhere really is the lowest.

A January bombing that was originally thought to be targeting a local NAACP headquarters was actually carried out by a man upset at his accountant, according to published reports.

As we sit through another tax season, we have the opportunity to enjoy it or suffer through it. We can believe that we will fail, or we can choose to succeed and believe that “anything is possible.”

As more regulations continue to come into effect for employers under the Affordable Care Act, some with financial penalties, many employers report they are not prepared to deal with the slate of changes.

The Internal Revenue Service will not try to collect additional taxes from those taxpayers who have already filed their taxes after receiving incorrect information from the federal health insurance marketplace, Healthcare.gov.

Highlights of some of our favorite tax-related blogs from the past week.

President Barack Obama nominated Cono Namorato, a Washington defense attorney and former government lawyer, to serve as the top U.S. tax prosecutor amid probes of HSBC Holdings Plc and dozens of Swiss banks.

The major challenges facing the IRS today are its budget situation, which affects both service and enforcement, IRS commissioner John Koskinen told the Tax Section of the New York Bar Association.

H&R Block reported that six weeks into tax season, a 52 percent majority of taxpayers who enrolled in health insurance coverage through a state or federal marketplace have needed to pay back a portion of the Advance Premium Tax Credit, and the average amount they paid back is $530, decreasing their tax refund on average by 17 percent.

Intuit Inc., maker of tax-preparation software TurboTax, denied claims that it prioritized the processing of fraudulent state and federal tax refunds at the expense of customers.

The Internal Revenue Service has issued guidance on the potential approaches it may take in the future on proposed regulations for the excise tax on high-cost employer-sponsored health coverage in the Affordable Care Act.

After I began writing regularly for financial and business publications like Boardroom Reports and my firm’s own newsletter, that opened many doors, but the opportunities needed to be actively pursued.

The Internal Revenue Service is giving employers extra time beyond the 28-day deadline for submitting a form to claim the Work Opportunity Tax Credit after the WOTC was extended late last year by Congress.

Swiss Finance Minister Eveline Widmer-Schlumpf and her Italian counterpart Pier Carlo Padoan agreed to resolve the two countries’ long-running dispute over undeclared funds in Swiss banks.

From Willie Nelson to Wesley Snipes, celebrities have a long history of tax trouble.