Tax practice

A roundup of some of our favorite recent tax fraud cases.

During a tax return preparation interview, getting a client’s information is a tremendous opportunity to find out the concerns of the client and how you can help.

Now that 2016 is well underway, organizations across the country are looking for opportunities to boost their business and consolidate their spending through annual budgeting processes.

Swedish home furnishings giant Ikea has become the latest multinational company to be accused of dodging taxes.

The Internal Revenue Service has again delayed the deadline for reporting the basis of property distributed from the estate of a decedent until March 31.

The recently appointed chairman of the tax-writing House Ways and Means Committee, Kevin Brady, R-Texas, described some of his tax reform priorities in a speech Friday.

Are CPAs really afraid to talk about fees with their clients? That’s what Tom Wheelwright, founder of the accounting firm ProVision, thinks.

Treasury Secretary Jacob Lew has reportedly fired off a letter to officials in the European Union complaining about recent tax investigations of U.S.-based multinationals like Apple, McDonald’s, Amazon and Starbucks.

The Senate has included a permanent ban on taxes for Internet service within a larger trade enforcement bill that was passed Thursday.

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

The Internal Revenue Service nearly doubled the amount of money it paid to tax whistleblowers last year and is taking steps to make the process move faster.

An Internal Revenue Service employee who worked for the Taxpayer Advocate Service, where her job was to help taxpayers resolve their identity theft problems, pleaded guilty to stealing identities and orchestrating a tax-fraud scheme involving up to $1.5 million in fraudulent income tax returns.

Maryland's comptroller has suspended processing electronic and paper tax returns from 11 private preparers at 14 locations.

A New York City CPA is launching a startup company this tax season that he hopes will become an “Uber for taxes.”

Many major tax changes go into effect this year for individual taxpayers.

An influential senator is asking the Internal Revenue Service to put a system in place to track the specific sources of unpaid corporate taxes.

The Treasury Department’s inspector general is pressing the Internal Revenue Service in a new report to improve its procedures for direct debt installment agreements to avoid taxpayer defaults.

For several years, researchers have been sending people into tax preparation offices to test the quality of the work. The results have been scary.

The Internal Revenue Service said Tuesday evening that it recently identified and halted an automated attack upon its Electronic Filing PIN application on IRS.gov.

Ernst & Young has released the results of its latest survey with the Tax Council of tax executives and tax practitioners about their predictions for tax reform.