Tax season

The Internal Revenue Service has been increasing its audits and examinations of high-income individuals in the past year, examining nearly 30 percent of the tax returns of those earning $10 million and more.

The Internal Revenue Service is not fully compliant with a federal law requiring the agency to eliminate and report improper payments made to taxpayers, according to a new government report.

Intuit has experienced a steady increase in sales of its Web-based consumer tax preparation product, TurboTax Online, while sales of its desktop software have dipped.

Internal Revenue Service Commissioner Doug Shulman warned Thursday of a delayed tax season next year unless Congress resolves questions over the alternative minimum tax patch and other tax extender items, and talked about the tax refund delays this tax season.

A congressional subcommittee plans to hold a hearing next Thursday on the 2012 tax return filing season, with one of the main topics to be the recent reports of tax refund delays.

Financial Web application and database software company NetWorth Services has released 8949 Verifier, a Web-based application designed to allows tax professionals to examine their clients’ 8949 forms instantly for accuracy prior to filing them with the IRS.

The Internal Revenue Service has begun providing the initial set of test results and certificates to tax preparers who have registered for the new tax return preparer competency test.

Anxious taxpayers awaiting their delayed tax refunds are in some isolated cases taking out their frustrations on their tax preparers.

Check out the digital edition of the March 2012 issue of Accounting Today.

The Internal Revenue Service is providing tips to help taxpayers avoid a new tax scam involving bogus college tuition tax credits.

The U.S. Internal Revenue Service's new software system for handling electronic tax returns has experienced problems during the tax filing season, angering some taxpayers whose refunds have been delayed.

H&R Block has released a tax prep and electronic filing app for Google Android-based smartphones and tablets.

The Internal Revenue Service is providing an update on the status of the tax refund delays that plagued the agency this season.

The Internal Revenue Service is warning senior citizens, working families, church members and other potential victims to beware of an emerging tax scam that tempts them into filing fraudulent tax returns claiming bogus refunds.

Filing season seems to get tougher each year for both accountants and taxpayers as they head into crunch time.

Sometimes it almost restores your faith.

The New York City Department of Consumer Affairs conducted a two-week-long enforcement sweep of tax preparers across the city and issued violations to one out of every three preparers it inspected, mainly for violating laws governing refund anticipation loans and disclosure of their true qualifications and fees.

The Internal Revenue Service is taking steps to discourage tax preparers and other taxpayer representatives from dropping off completed tax returns at its local Taxpayer Assistance Centers instead of mailing or electronically filing them.

Tax refunds amounting to over $1 billion are awaiting an estimated 1 million people who still have not filed a federal income tax return for 2008.

A tax attorney is warning taxpayers with severe disabilities and their preparers to be careful with how they report lump sum Social Security disability payments on their income tax returns this season.