Tax practice

The Internal Revenue Service has been providing face-to-face assistance to fewer people at its Taxpayer Assistance Centers around the country, according to a new government report.

The Treasury Department and the Internal Revenue Service proposed tax regulations Wednesday to bring the rules in line with recent Supreme Court decisions.

The IRS has announced additional annual inflation adjustments for more than 50 tax provisions for 2016, including the tax rate schedules and other tax changes.

The Internal Revenue Service released its annual update Wednesday on the cost of living adjustments for pension plans and retirement plans for next year, along with the amounts of standard deductions and other tax benefits.

Starbucks Corp. and a Fiat Chrysler Automobiles NV unit must each pay as much as 30 million euros ($34 million) in back taxes after the European Union said they were handed illegal fiscal deals by the Netherlands and Luxembourg.

The impact of the Organization for Economic Cooperation and Development’s Base Erosion and Profit Shifting action plan is still unclear, but tax executives are planning ahead for changes on the international tax front.

The Internal Revenue Service met with a group of state tax administrators and tax industry leaders Tuesday to discuss additional steps they are taking for next tax season to strengthen safeguards against identity theft and tax refund fraud.

The Internal Revenue Service has recently updated its Entertainment Audit Technique Guide to help tax professionals when reporting various items related to the entertainment industry.

Sageworks plans to add an Electronic Tax Return Reader as an enhancement to its ProfitCents and Valuation software.

If the House Republicans' Benghazi investigation craters after former Secretary of State Hillary Clinton's testimony this week, the chamber's right-wing caucus has a sequel in mind: attempting the second impeachment of an executive branch appointee in 226 years.

Some of our favorite recent tax fraud cases.

Let’s face it. Whether we are talking about water (especially in California), oil or time, we are all unfortunately limited by the resources available at our disposal.

PitBullTax Software has released version 3.0 of its tax resolution software for tax professionals.

Presidential candidate Donald Trump tweeted a pair of photos Thursday of him signing a humongous tax return in time to meet the October 15 deadline for tax extensions.

The Internal Revenue Service said Friday it has collected more than $8 billion from its Offshore Voluntary Disclosure Programs as more than 54,000 taxpayers have come forward to tell the IRS about previously hidden foreign assets.

The year 2017 is expected to be the time when Congress will finally enact tax reform, according to a new poll.

Thomson Reuters has released two tax research products to help multinational companies deal with the proposed changes in global tax regulation envisioned in the Organization of Economic Cooperation and Development’s Base Erosion and Profit Shifting Action Plan.

Republican presidential candidates John Kasich and Rick Santorum have released their tax reform plans.

Thirteen self-study CE seminars filmed at the 2015 IRS Nationwide Tax Forums are now available online with interactive videos, PowerPoint slides and transcripts.

Earlier this week, Accounting Today hosted a Web seminar on Understanding Affordable Care Act Reporting.