Michael Cohn

Nearly half of Americans fail to check whether their tax preparer includes their PTIN and signs their return, putting them at risk of being scammed, according to a new survey.

Low-income and minority taxpayers were more likely to use extra-fee tax preparation offerings like refund advances and refund transfers, according to a new report Friday from the Government Accountability Office, and tax preparers often didn’t present them with information about the fees ahead of time.

Sen. Ron Wyden, D-Ore., and Ben Cardin, D-Md., introduced legislation Thursday to require minimum standards for paid tax preparers and rescind Preparer Tax Identification Numbers of incompetent and fraudulent practitioners.

Revenue officers visited nearly 100 businesses suspected of having serious issues with employment tax compliance.

The revenue procedure gives teams a safe harbor when doing trades of their athletes, staff contracts or draft picks.

The National Treasury Employees Union is worried about the impact of proposed budget cuts on the agency’s ability to deal with taxpayers.

The agency managed to open filing season on time despite the recent government shutdown and saw a big opening day.

Canopy has introduced a mobile app for managing a tax practice that works with both Apple iOS and Google Android devices.

Approximately 40 percent of private companies are behind schedule on the new leases standard or haven’t started getting ready yet.

Lawmakers are complaining about the agency’s disproportionate number of audits of low-income taxpayers who claim the Earned Income Tax Credit.

The House passed bipartisan legislation Tuesday to overhaul some key aspects of the way the Internal Revenue Service operates, including the appeals process.

A new analysis released Tuesday shows how much tax professionals are earning on their annual salaries in the U.S. and in some of the biggest cities in the country.

As Tax Day approaches, accountants are finally getting to the end of a season made particularly grueling by the Tax Cuts and Jobs Act.

The number of taxpayers who reported they were victims of identity theft fell 71 percent between 2015 and 2018, thanks to coordination between the IRS and its Security Summit partners.

The former Citigroup executive Julie Bell Lindsay is succeeding Cindy Fornelli, who is retiring.

A bipartisan group of senators has introduced legislation to make permanent the Work Opportunity Tax Credit, a tax break that encourages companies to hire veterans, people with disabilities and other groups who face barriers to employment, before it expires at the end of the year.

Republican and Democratic lawmakers in the Senate and House have teamed up to introduce bipartisan legislation to assist tax-exempt cooperative organizations.

The Institute of Internal Auditors wants organizations to pay more attention to fraud control and decide on the role that internal audit will play.

The Republican and Democratic leaders of the Senate Finance Committee, chairman Chuck Grassley, R-Iowa, and ranking member Ron Wyden, D-Ore., are asking the Internal Revenue Service to crack down on the people involved in the recent college admissions scandal.

The new tax law and the 35-day shutdown had an impact on the agency, but it still managed to process over 59 million returns by mid-season.