Tax practice

The Internal Revenue Service has discussed, but not yet documented how it plans to develop its service and enforcement efforts to leverage the new paid preparer requirements to improve taxpayer compliance, according to a new report by the Government Accountability Office.

The Treasury Department and the Internal Revenue Service said Thursday they have extended the deadline beyond April 18 for filing a key tax form for people who died last year.

The Internal Revenue Service said Thursday that it plans to expand a six-year-old pilot program for assuring large corporations are complying with their tax obligations and make it permanent.

The American Institute of CPAs wants the Internal Revenue Service to work with small-business owners to safeguard the private data in electronic accounting software records that the IRS may request during an examination.

The IRS's new Taxpayer Secure Email Program turns out not to be so secure.

IMGCAP(1)]Tax season is here. If you or your clients are among the thousands of Americans who have overpaid their annual tax obligation, you can look forward to a refund from the federal government.

The Senate Finance Committee held a hearing Wednesday on the effectiveness of various tax incentives.

State and local governments saw their tax collections rise in the fourth quarter, according to new data from the U.S. Census Bureau.

Small businesses are disproportionately affected by measures to close the tax gap—the difference between taxes owed and taxes paid—according to a new study by the Small Business Administration’s Office of Advocacy

The Internal Revenue Service should do a better job of safeguarding sensitive taxpayer information from improper disclosure when responding to requests from lenders, according to a new government report.

General Electric is a company that has long been known for innovation going back to the days of founder Thomas Alva Edison, but now some of its greatest innovations may be in the way it avoids paying corporate income taxes.

The Internal Revenue Service has issued interim guidance to employers on the informational reporting requirements on each employee's annual Form W-2 of the cost of the health insurance coverage they sponsor for employees.

The Internal Revenue Service has provided guidance to tax preparers on the circumstances under which they can be exempted from the electronic filing mandate and mail paper copies of their clients’ tax returns instead.

The Internal Revenue Service increased its audits of high-income taxpayers last year by as much as 75 percent.

A new Web site lets people leave anonymous tips about tax cheats that are forwarded to the Internal Revenue Service.

A group of tax problem resolution firms has formed the Tax Problem Resolution Services Coalition, with the aim of protecting consumers from deceptive tax relief practices.

The Internal Revenue Service stopped mailing out tax form packages to taxpayers this season in response to budget cuts, but it still needs a long-term strategy for reducing its mailing and publishing costs, according to a new government report.

The Congressional Budget Office has released a report on taxing the number of miles traveled by vehicles to help fund the highway system, as an alternative to raising fuel taxes.

Years ago, Steve Martin used to have this terrific routine he'd resurrect around tax season.

One in six of the 145 million tax returns that the IRS expects to be filed for the 2010 tax year will include a Schedule C for self-employed filers, and many of them will no doubt be subjected to an IRS audit.