Practice management

Some of our favorite recent tax fraud cases.

The Tax Court recently ruled against the IRS over what constitutes a “present interest” in a Crummey trust.

The Internal Revenue Service warned of a huge data breach of its online Get Transcript application that allowed the tax returns of approximately 104,000 taxpayers to be accessed by identity thieves.

The most common errors tax pros run across in prior years' returns

If you are a partner or manager in a small to midsize public accounting firm, you have undoubtedly faced the quandary of whether to spend more time on marketing or billable hours.

Bloomberg BNA releases its annual state tax survey

Last week I wrote about never trying to sell financial products or services to clients and gave a few reasons for this.

If your business has formed a captive insurance company that has elected small insurance status under section 831(b) of the Internal Revenue Code, you may be hearing from the IRS.

The Internal Revenue Service is reminding businesses in U.S. territories that they need to file Form 8300 if they engage in cash transactions of $10,000 or more.

A Florida CPA has been arrested and charged with using her tax preparation business to facilitate an income tax refund fraud scheme.

Sen. John Cornyn, R-Texas, and Rep. Sam Johnson, R-Texas, have re-introduced a bill aimed at preventing fraud in the provision of Individual Taxpayer Identification Numbers to undocumented immigrants.

Highlights of some of our favorite tax-related blogs from the past week.

Gale Crosley offers a powerful tool for accountants to explore new markets

Government contractors working on the Internal Revenue Service’s main communications portal for taxpayers and tax professionals might have overbilled the agency hundreds of thousands of dollars, according to a new report.

Members of NCCPAP, the National Conference of CPA Practitioners, made their views known to congressional staff and IRS officials during meetings in Washington D.C. last week.

The IRS is refunding test fees to those who took the Registered Tax Return Preparer test.

A phone call between a taxpayer and an Internal Revenue Service collection employee was broadcast on Howard Stern’s Sirius XM radio show when the IRS employee accidentally put himself on hold after calling into Stern’s show.

The House of Representatives voted to revive the tax credit for corporate research and make it a permanent feature of U.S. law.

Improvements are needed to safeguard and protect employers that use payroll providers.

A bipartisan group of lawmakers has introduced legislation in the House that would make the current adoption tax credit fully refundable.