Tax practice

The Internal Revenue Service has been improving its timeliness in responding to taxpayer calls thanks to some extra money from Congress this year.

NOTICE OF INTENT TO LEVY: It wasn't a very nice way to begin a letter, but then, it was from the Internal Revenue Service, and it got Greg's attention. 

A roundup of our favorite recent tax fraud cases.

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

Closing out a season marked by less drama, and the usual hurdles

Managing your position in the middle of warring spouses

While it has been around in a variety of forms since 1993, the exclusion for Qualified Small Business Stock Gains under section 1202 of the Tax Code didn’t really come into its own as a tax benefit until the exclusion rate increased to 100 percent in 2010.

The Internal Revenue Service is having trouble coordinating various overlapping programs that deal with referrals on tax evasion, in part because the referrals have to be submitted on paper forms, manually screened and then mailed to various departments within the IRS.

The Internal Revenue Service has issued a notice delaying the estate basis reporting due date from March 31 until June 30, 2016.

The Internal Revenue Service has revised Form 3115, Application for Change in Accounting Method, and its instructions, for the first time since 2009.

The House Ways and Means Oversight Subcommittee is calling on the Internal Revenue Service, the Treasury Department and the Justice Department to return funds wrongly seized from taxpayers during civil asset forfeitures.

With the increasing reliance on technology for filing tax returns, is the federal government taking the necessary measures to protect personal information?

A Miami-based startup has launched Taxfyle, an iPhone app aimed at Millennials that allows them to connect with a network of 300 CPAs who can help them prepare and file their taxes.

TaxAct has introduced online Form 990 software that allows tax-exempt organizations to file their information returns with the Internal Revenue Service.

The Internal Revenue Service is offering up to $10,000 to the winner of a new competition to make its online tax information more understandable to taxpayers.

Close to half of U.S. investors assess their broader wealth and financial situation during tax season, according to a new survey.

The Donald J. Trump Foundation, the charitable organization of the front-runner for the Republican presidential nomination, said it had made an error in making and failing to disclose a $25,000 donation to a political group in 2013.

The American Institute of CPAs has written to the Internal Revenue Service recommending some changes in the IRS’s proposed regulations for country-by-country reporting by multinational corporations of financial information to curb tax avoidance.

The odds of being criminally prosecuted by the Internal Revenue Service have fallen as a result of budget cuts at the hands of Congress, decreasing from 13.3 per million population in fiscal year 2013 to 9.2 per million in FY 2015, according to new research.

As tax professionals, we’re used to seeing a myriad of changes to the tax code every year. We spend hours familiarizing ourselves with the details so we’re prepared to advise our clients in the New Year.