Practice management

The Justice Department and the Internal Revenue Service have filed charges against seven individuals who collectively hid over $100 million in secret bank accounts at the Swiss bank UBS.

The Senate has approved a two-month extension of eligibility for unemployment benefits and tax credits to help cover the cost of health insurance premiums for the unemployed.

Internal accounting errors by the Internal Revenue Service reduced federal funding available for unemployment benefits by $63 million, according to a new report.

Recent tax law changes continue to bedevil the Internal Revenue Service, according to a new government report on tax season.

A new report by the International Federation of Accountants highlights the expanding role of small and midsized practices in advising their business clients.

Accounting firm Rothstein Kass has released a two-part survey report on the potential problems that can occur when preparing to sell a family business.

The House has approved a bill to help taxpayers enter into payment agreements with the IRS, relax the record-keeping requirements on cell phones, and improve IRS services for low-income taxpayers.

The House Ways and Means Committee held a hearing Wednesday on ways to provide energy-related tax incentives to encourage more “green” jobs.

The former partner of a convicted income tax evader has been indicted for continuing the same abusive trust scheme that sent her ex-partner to prison.

The House Ways and Means Committee has introduced legislation to help taxpayers enter into payment agreements with the IRS, relax the record-keeping requirements on cell phones, and improve IRS services for low-income taxpayers.

An El Segundo, Calif., tax return preparer has agreed to plead guilty to charges that he willfully failed to file his personal income tax return for 2005 and that he filed false claims for tax refunds on behalf of his clients.

The Internal Revenue Service said that members of the military and certain civilians providing earthquake relief in Haiti have additional time to file their 2009 returns and pay any taxes due.

California has the highest state sales tax rate in the country, according to a new report on sales and use tax rates.

By identifying higher wage earners who are having too few taxes withheld from their paychecks, the Internal Revenue Service could collect as much as $1.6 billion in additional taxes over a five-year period, according to a new report.

The Internal Revenue Service plans to check for unfiled tax returns and look for unreported income from sole proprietors of small businesses during correspondence audits.

The Internal Revenue Service’s audits of the nation’s largest corporations have dropped sharply in recent years, despite growing federal budget deficits, according to a new report.

A federal grand jury has indicted an Internal Revenue Service revenue agent on charges of filing false tax returns, helping others file false tax returns, and threatening to kill tax agents who were investigating him.

The Financial Crisis Inquiry Commission held three days of hearings this week to investigate some of the causes behind the financial crisis, grilling former Federal Reserve Chairman Alan Greenspan and various executives.

An H&R Block office in the Bronx has allegedly been used for identity theft with employees or former employees the likely culprits in stealing the identities of at least 20 customers to claim refunds in their name.

Just what is clean technology and, more importantly, whyshould it matter to CPAs?