Practice management

The Internal Revenue Service’s Electronic Tax Administration Advisory Committee has selected three new members and a chairman.

Some of our favorite recent tax fraud cases.

Accountants who have union clients sometimes receive nervous phone calls from their presidents about a letter they received from the U.S. Department of Labor.

The Internal Revenue Service has issued a new revenue ruling on mass transit passes provided as fringe benefits to employees and how to pay for them.

The Internal Revenue Service has insufficient controls over the outside employment or business activities of its employees, according to a new government report.

The Net Investment Income Tax, which was included as part of the Affordable Care Act, will be hitting taxpayers and practitioners alike this coming tax season.

If the lame duck session of Congress fails to address the tax extenders, it will fall to incoming House Ways and Means Committee chairman Paul Ryan, R-Wis., to see that they get passed early in the next session of Congress.

A former CPA and tax attorney has been sentenced to 57 months in prison and ordered to pay $2.2 million in restitution to the Internal Revenue Service for stealing the identities of deceased children.

Tax professionals who give advice to marijuana businesses in the states where marijuana is legal should not have to suffer adverse consequences because the businesses are illegal under federal law, recommends a new report from a key advisory council for the Internal Revenue Service.

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

Rep. Paul Ryan, R-Wis., the former vice presidential nominee, has been selected by members of the House Republican Steering Committee to serve as chair of the powerful House Ways and Means Committee, Congress's main tax-writing committee.

An official from the American Institute of CPAs testified at a Senate hearing Tuesday on the need for Congress to pass legislation giving victims of natural disasters automatic access to permanent and timely tax relief.

Crowe Horwath LLP has issued a year-end tax-planning guide with information on income tax deductions, education planning, investing, retirement and estate planning, and tax rates.

Last week I wrote about wanting to always be the “other guy’s accountant.” I received a number of calls and emails asking how I do it so here is a follow-up.

The National Society of Accountants is suggesting some year-end tax tips to help businesses save money on taxes for this year and beyond, courtesy of Wolters Kluwer CCH.

The National Society of Accountants has offered a set of year-end tax tips for individual taxpayers, courtesy of Wolters Kluwer CCH.

HSBC Holdings Plc’s Swiss private banking unit was charged by Belgian prosecutors for illegally helping wealthy clients in the country dodge hundreds of millions of euros in taxes.

The Supreme Court held a hearing last week on a case that could have far-reaching implications, challenging the authority of the state of Maryland to tax all of the income of a resident whose business pays taxes to other states and localities, while another case coming up on the Affordable Care Act promises to have even bigger ramifications.

Some of our favorite recent tax fraud cases.

Our weekly roundup of tax-related investment strategies and news your clients may be thinking about.