Practice management

The Internal Revenue Service could be missing out on some opportunities to collect delinquent taxes because it is not always completely researching cases before closing them as uncollectible, according to a new government report.

In October the IRS will send warning letters to preparers who appear not to be complying with due-diligence requirements for the Earned Income Tax Credit.

The European Union will step up its probe of Apple Inc.’s tax arrangements in Ireland, revealing why it suspects the iPhone maker received an unfair advantage.

You’ve left unanswered voicemails and sent a dozen ignored e-mails. On those blue-moon occasions when they actually keep appointments, you walked these clients through returns line after line, time after time.

Tips to help professionals stand out (in a good way)

Some of our favorite recent tax fraud cases.

The Tax Court recently upheld a ruling that patent holders must give up control of a transferred patent to treat royalty income from it as capital gains.

One time I received a call with a referral from another professional that was an adversary in a contentious deal on which I represented a client. I thanked him but expressed surprise since we seemed to always be at each other’s throats.

The Affordable Care Act and how it will affect the upcoming tax season seems to be clearer, according to Chuck McCabe.

The IRS could improve the way it picks problematic paid preparers for further enforcement actions, according to a recent report.

The federal government has filed eight civil injunction suits in Florida to shutter 192 “Loan Buy Sell Tax Services” Tax Services locations.

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

The Internal Revenue Service introduced Form 1023-EZ in July to streamline application for recognition of tax exemptions under Section 501(c)(3) of the Tax Code. However, the agency’s decision to streamline exempt processes has sparked criticism from large charity groups, although some have applauded the agency for introducing this program.

The IRS is warning international financial institutions complying with the Foreign Account Tax Compliance Act of an ongoing fraud.

The Internal Revenue Service does not have the information it needs to ensure that employers are eligible for and comply with the Voluntary Classification Settlement Program, according to a new government report.

Pfizer Inc. has approached Actavis Plc about a deal that could allow the U.S. drugmaker to move its address overseas and reduce taxes, in a sign the Obama administration’s efforts to curtail inversions might fall short.

The Internal Revenue Service has issued new draft instructions, notices and a publication to help taxpayers and tax practitioners deal with the Affordable Care Act.

Twenty years ago, a Central Withholding Agreement could easily be negotiated via a phone call and follow-up letter to a designated Internal Revenue Service agent. Today, that’s not the case.

The Treasury Department’s new steps to curb the tide of corporate inversion deals and the Organization of Economic Cooperation and Development’s recently released recommendations aimed at combating tax base erosion and profit shifting signal increasing momentum in the battle to prevent corporate tax revenues from eroding.

The Treasury Department announced steps that will make it harder for U.S. companies to move their addresses outside the country to reduce taxes, clamping down on the practice known as inversions.