Michael Cohn

Lois Lerner, the former director of the Internal Revenue Service’s Exempt Organizations unit, referred to “crazies” and “---holes” in an email exchange uncovered by Republican lawmakers on the tax-writing House Ways and Means Committee.

New York Governor Andrew Cuomo said Wednesday that 40 tax preparers across the state have been suspended by the state tax department under new regulations requiring them to file their own taxes.

Private sector employers added 218,000 jobs in July in a further sign of the rebounding economy, although the pace of job growth slackened from last month, according to the latest national employment report from payroll giant ADP.

A pair of Democratic lawmakers have introduced a bill that would provide tax relief to student loan borrowers who have been granted debt relief after consistently repaying their student loan debt for at least 20 years, giving them an exemption from being taxed on the amount forgiven on the loans.

Withdrawals from individual retirement accounts tend to be driven largely by people who are 70-½ or more, according to new research.

Tobacco makers were able to avoid paying billions of dollars in federal excise taxes by reclassifying their “roll-your-own” tobacco products as pipe tobacco, and small cigars as large cigars, according to a new government report and witnesses at a Senate hearing Tuesday.

Reeling from a series of budget cuts in recent years, the Internal Revenue Service has slashed the customer service functions at its walk-in offices, but did not evaluate the potential impact of reducing or eliminating key services at 386 Taxpayer Assistance Centers prior to implementing changes at those locations, according to a new government report.

Payroll processor Paychex and the research firm HIS reported an increase in small business employment in July, with states like Washington and Michigan leading the way.

BDO USA LLP reported a whopping 22 percent revenue increase in fiscal year 2014, jumping to $833 million in the year ending June 30, compared to $683 million in fiscal year 2013.

The Internal Revenue Service is being pressed to provide more awareness of tax breaks for victims and survivors of terrorist attacks such as 9/11, including first responders.

A Spanish judge indicated that a tax evasion case against soccer star Lionel Messi will move forward, despite a prosecutor’s recommendation, according to reports.

The American Institute of CPAs’ Auditing Standards Board has amended its standards for providing so-called “comfort letters” to underwriters and other parties requesting such letters.

The scheduled depletion date for Social Security’s Disability Insurance Trust Fund is only two years away, in late 2016, according to a new government report.

Approximately 83,000 employees and contractors who work for the Department of Defense, and are eligible for a security clearance, owe more than $730 million in unpaid federal taxes, according to a new government report.

The Internal Revenue Service and the Treasury Department have released final regulations on the Premium Tax Credit for health insurance, including rules that allow victims of domestic violence to claim the credit.

Maulik Khatadia has been promoted to senior accountant in the Audit & Assurance Services department at Sponsel CPA Group.

Mark Cuban, the outspoken billionaire entrepreneur who owns the Dallas Mavericks and stars on the reality TV show “Shark Tank,” has weighed in on the increasingly controversial issue of corporate inversions with a series of tweets.

The House has passed legislation that would require taxpayers to provide a Social Security number to claim the Child Tax Credit in an effort to discourage fraud, as well as adjust the amount of the credit for inflation.

The Internal Revenue Service released draft versions Thursday of several forms for employers and individuals to comply with the Affordable Care Act, along with draft versions of more common forms such as the 1040 and 1040EZ for next filing season.

A former Internal Revenue Service employee was arrested and charged with participating in an identity theft conspiracy that used information stolen from the files of other IRS employees.