Tax practice

Former chairman and chief executive of American Express Harvey Golub took to the opinion pages of Monday’s Wall Street Journal in response to billionaire Warren Buffett’s “Stop Coddling the Super-Rich” New York Times op-ed.

The Internal Revenue Service provided guidance Friday on the only ways to establish prima facie evidence of delivery of documents that have a filing deadline prescribed by the tax laws when there is not direct proof of the actual delivery.

The American Institute of CPAs told the Internal Revenue Service that it should avoid requiring pre-approval of continuing education courses as part of its tax preparer regulation efforts.

The Securities and Exchange Commission has been asked to respond to allegations that it destroyed documents relating to thousands of investigations.

The Internal Revenue Service plans to beef up its tracking of credit and debit card purchases of merchandise to spot discrepancies with the income claimed on tax returns.

The Internal Revenue Service said Thursday that interest rates will decrease in the fourth quarter for tax underpayments and overpayments by a full percentage point.

IMGCAP(1)][IMGCAP(2)]By doing what they do best—taking care of their clients—international accounting firms may be exposing themselves to multiple tax claims on their own account.

The Internal Revenue Service had to cope with a great many changes in tax laws last year that put its growing workforce under extra pressure, according to a new report.

President Obama has been pushing to extend the 2-percentage-point cut in the payroll tax through next year, but this is one tax cut that his opponents in Congress may not agree to allow.

A California tax preparer could be sentenced to up to 143 years in prison after she was charged with preparing false tax returns, including one that claimed 19 dependents had been born to her on the same day.

An attorney and CPA who operated his own law firm in Morristown, N.J., has been sentenced to 18 months in prison for filing a false income tax return.

Berkshire Hathaway chairman and CEO Warren Buffett said in an editorial Monday that those making over $1 million and $10 million per year should be taxed at higher rates.

The Treasury Department proposed regulations Friday for a Premium Tax Credit for buying health insurance as part of the effort to implement the health care reform law.

Sen. Chuck Grassley, R-Iowa, has written a letter to President Obama disagreeing with the president’s definition of the term “tax reform.”

Undercover investigators from the Treasury Department posing as taxpayers who needed customer service from the Internal Revenue Service were kept waiting for up to four hours in IRS offices and in some cases told to come back another day.

The Internal Revenue Service isn’t meeting a self-imposed 30-day deadline of responding to written inquiries from taxpayers, according to a new report.

Standard & Poor’s decision to downgrade the credit rating for U.S. debt could put new pressure on the members of the so-called “super committee” in Congress to agree on tax reforms.

An Alaskan tax preparer has pleaded guilty to three felony charges stemming from a scheme to defraud clients and family members out of close to $1 million.

States are coping with revenue shortfalls by getting rid of sales tax holidays and ratcheting up their audits of corporate sales and use taxes, according to new research.

Multinational companies needed to deal with 270 tax changes in the U.S. and globally in the second quarter of this year, according to a new report.