Practice management

The Internal Revenue Service plans to issue guidance on the taxation of “fails charges” for failed deliveries of U.S. Treasuries.

The Internal Revenue Service has prosecuted a tax preparer who used the First-Time Homebuyer Credit in a fraud scheme that appears to be an increasing trend.

The Association for Accounting Marketing has moved its headquarters and replaced its management company in an effort to take the organization to the next level, executives said.

As Congress struggles to produce a health care reform bill that can be sold to voters during and after the August recess, one idea that’s emerging is a tax on plastic surgery.

Sen. Carl Levin, D-Mich., and John McCain, R-Ariz., have introduced legislation aimed at curbing excessive corporate tax deductions for stock options.

A nonprofit foundation run by Harvard professor Henry Louis Gates Jr. is filing an amended 2007 tax return after it was found to have mischaracterized $11,000 in payments to officials as research grants.

An IRS contractor billed the agency $782,000 in dubious labor and travel charges between 2001 and 2006, according to a report by the Treasury Inspector General for Tax Administration.

PDI Global has created an e-mail alert program that provides firms with news to send to their clients about tax and accounting changes.

The Internal Revenue Service wants ordinary taxpayers to offer suggestions on how to improve tax preparer performance.

A federal grand jury has indicted an IRS revenue officer for pressuring delinquent taxpayers to refinance their mortages with a company for which he worked on the side so they could pay their outstanding tax debts.

The IRS and the Treasury Department have issued final regulations clarifying how and when certain small tax-exempt organizations must file an annual electronic notice.

The Internal Revenue Service has released a new version of Form 656-B, “Offer in Compromise Booklet,” and a revised Form 656, “Offer in Compromise.”

IMGCAP(1)]Part of a CPA’s job is to evaluate the potential tax benefits of various business and estate planning strategies.

Treasury Inspector General for Tax Administration J. Russell George asked tax professionals to provide his office with information on other preparers who are acting unethically or illegally as the IRS prepares to overhaul regulations for practitioners.

Many shareholders would love to get a chance to vote on whether the CEO of a company whose stock price is going down the tubes deserves a raise next year.

Fifteen states and the District of Columbia will be offering tax holidays for back-to-school shopping on various days this month and next, according to a report by CCH.

Recent changes in the tax treaty between the U.S. and Canada will have an impact in a variety of areas, including 401(k) contributions and stock options, as well as the ability of taxpayers to move across borders.

States across the country saw their tax revenues for the first quarter of 2009 drop by a record percentage, according to a new report.

The Internal Revenue Service cannot easily keep track of the activities of paid tax preparers, nor of their compliance with tax laws, according to a new report by the Treasury Inspector of Tax Administration.

IRS agent Albert Bront threatened to kill a group of U.S. Treasury agents when they tried to search his home earlier this week.