Practice management

The Internal Revenue Service has released a draft of an easier-to-use Form 1023-EZ for charities that are seeking tax-exempt status.

CPA and consulting firm Wipfli has expanded its array of sustainability services to include a number of new assessment services.

A tax preparer in Queens, N.Y., has been sentenced to eight and a half years in prison for stealing children’s identities and claiming them as dependents on nearly 1,000 false tax returns.

The American Institute of CPAs has written to the head of the tax-writing House Ways and Means Committee voicing strong opposition to draft legislation that would limit the use of the cash method of accounting for pass-through entities and personal service corporations.

Despite the loss of political momentum in Congress for tax reform, corporate tax leaders are still making plans in case it happens, according to a new survey.

Some of our favorite recent tax fraud cases.

The Tax & Accounting business of Thomson Reuters has released an integrated Federal Depreciation Handbook and Calculator for CPA firms and corporate tax professionals.

The Internal Revenue Service anticipates that nearly 5 million taxpayers will amend their returns by filing Form 1040X this year.

As a tax preparation business owner for more than 30 years, Chuck McCabe considers his success due in part to being proactive in structuring his business policies and procedures.

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

National Tax Education is planning to host a series of continuing professional education courses for tax professionals in June and July in Chicago.

More than 100 New Hampshire physicians and health care providers have been reportedly victimized by tax fraud, and U.S. Senator Jeanne Shaheen, D-N.H., is urging federal officials to investigate.

Five defendants from around the country have been indicted by a federal grand jury in Erie, Pa., on charges of conspiracy to commit wire fraud and aggravated identity theft in a scheme in which the Internal Revenue Service paid out approximately $10 million in tax refunds.

The Internal Revenue Service said Wednesday it is taking new steps to fix the HeartBleed bug that was recently identified on sites across the Internet.

Now that the compliance deadlines for the Foreign Account Tax Compliance Act, or FATCA, are in sight, foreign banks and other financial institutions are finally getting their systems in order, even though there are still some holes in what the Treasury Department and the Internal Revenue Service are providing.

The Internal Revenue Service has released the 2015 inflation-adjusted deduction limitations for annual contributions to a health savings account.

In a brief filed with the U.S. Supreme Court on March 17 and scheduled for a hearing April 23, Michael Clarke and his partners in Dynamo Holdings LP argued that they are entitled to a limited evidentiary hearing to show that summonses were issued improperly by the IRS as retribution for their refusal to extend a statute of limitations.

The Internal Revenue Service and other U.S. agencies awarded about $415,000 in contracts to a license plate-tracking company before Homeland Security leaders dropped a plan for similar work amid privacy complaints.

The IRS has begun accepting registrations for its 2014 Nationwide Tax Forums, and is offering discounted registrations to those who sign up early.

While an award program for IRS employees complies with federal regulations, some employees with tax and conduct issues received awards, according to a report released publicly by TIGTA.