Tax practice

Accounting and consulting firm Moss Adams LLP has released its annual Year-End Tax Planning Guide outlining some of the key tax issues and potential pitfalls for next year.

While the Internal Revenue Service has taken a number of actions to implement requirements of the Plain Writing Act, more needs to be done to ensure that letters and notices are understandable to taxpayers, according to a new government report.

Thomson Reuters said Tuesday it has been awarded a new multi-year contract from the Internal Revenue Service to provide research resources for the agency.

Raoul Weil, once the head of UBS AG’s global wealth management business, faces a criminal trial that may turn on the credibility of a former subordinate who says he and Weil helped Americans evade taxes.

You’re having a perfectly fine time at a party, reception, barbecue, ballgame, meal or any other gathering, when out of nowhere you’re bombed by a taxpayer with that most loaded question: “Mind if I ask you something?”

Your first tool to secure business – and your first shield of protection if that business goes sour – depends on essential ingredients, according to preparers speaking about good engagement letters.

Some of our favorite recent tax fraud cases.

The TIGTA recently released the review of an audit it conducted on the Collections Due Process Program.

The IRS's field workload selection process is not designed to ensure cases with the highest collection potential are worked, according to a new report.

A number of different IRS systems and services will be unavailable at different points over the Columbus Day Weekend.

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

Identity theft is a growing and frustrating problem in today’s world.

The Internal Revenue Service plans to take additional actions to improve taxpayer compliance with a law related to the disposition of foreign investments in U.S. real property, according to a new government report.

The Internal Revenue Service said that the sequestration process could have an impact on the amount that certain small tax-exempt employers receive on the refundable portion of the Small Business Health Care Tax Credit.

Rep. Sam Graves, R-Mo., who chairs the House Small Business Committee, has sent a letter to Internal Revenue Service commissioner John Koskinen asking the IRS to do more outreach and education to help small businesses deal with the new forms required for the Affordable Care Act.

The IRS, aiming to facilitate U.S. treatment regarding two popular Canadian retirement plans, has simplified procedures for Americans in those plans.

Internal Revenue Service commissioner John Koskinen has written a letter to the leaders of Congress’s main tax committees urging them to decide soon on what to do about extending dozens of expired tax provisions, or else next tax season and the processing of tax refunds could be delayed.

A tax return preparer in East Orange, N.J., has pleaded guilty to willfully preparing false tax returns for clients.

The U.S. Supreme Court turned away an appeal by a Verizon Communications Inc. unit in a $51 million fight over taxes on a now-obsolete service used to connect to the Internet with a dial-up modem.

The Internal Revenue Service failed to comply with Freedom of Information Act requirements for about 11 percent of the requests it received for information, according to a new report.