Tax practice

By taking the time to plan for next year’s tax season during the off-season, you will be more prepared, more capable, and less frantic.

The Internal Revenue Service is preparing for its 2015 IRS Nationwide Tax Forums across the country this summer.

Wolters Kluwer Tax & Accounting US has introduced the CCH International Tax Compliance Calendar, an interactive tool that delivers key deadline dates to tax professionals for up to 112 tax jurisdictions around the world.

The Internal Revenue Service awarded $18.8 million in contracts to 17 corporations with federal tax debt during fiscal years 2012 and 2013 despite a legal prohibition from doing business with corporations that owe back taxes, according to a new government report.

The Tax & Accounting business of Thomson Reuters has debuted a new video interview series, Tax Talk, in which reporters talk with leaders in the world of tax and finance.

Heather Maloy, the commissioner in charge of the IRS’s Large Business & International Division, plans to join Ernst & Young’s National Tax Department as tax controversy leader.

The Supreme Court of the United States is expected to rule by the end of June on the latest challenge to the Affordable Care Act in the case of King v. Burwell.

Fantasia Barrino, the Grammy-nominated R&B singer who won American Idol in 2004, is reportedly facing a tax lien for nearly $100,000 from the Internal Revenue Service.

Liberty Tax Inc. reported that the total number of customers it served in the U.S. and Canada grew by 2.1%, to 2.2 million, in fiscal 2015. Revenue increased 1.6%, to $162.2 million.

Since its passage in 2010 with a number of deferred tax provisions, the Affordable Care Act has been a fertile source for new items of tax interest almost every year.

Some of our favorite recent tax fraud cases.

The Internal Revenue Service has issued interim guidance for taxpayers who are unable to get a bank account or make other arrangements for depositing their federal tax obligations by electronic funds transfer and thus are subject to a penalty for failure to deposit their tax payments.

The Internal Revenue Service has issued proposed regulations to implement a recent federal law authorizing states to offer specially designed tax-favored ABLE accounts to people with disabilities who became disabled before age 26.

Tax professionals need to juggle multiple commitments—especially during busy season. The long hours, travel and heavy workload can be an endurance test for many. With these demands on fathers’ time, it’s important for them to focus on balancing their professional and personal life in order to remain energized during and outside of work.

Two cases illustrate the effect that procedural rules—in these cases, statutes of limitations—have in determining the outcome of a taxpayer’s liability.

The operator of Pender Tax Services, LLC, a tax preparation business in Rosenhayn, N.J., has been indicted by a federal grand jury on one count of conspiracy to defraud the Internal Revenue Service and nine counts of preparing fraudulent tax returns for her clients.

The National Society of Accountants has posted an online petition that tax practitioners can sign to demonstrate their support for the “Tax Practitioners Bill of Rights,” which it issued earlier this week.

The House voted Thursday to repeal the medical device tax that was included in the Affordable Care Act.

The owner of a brothel in Salzburg, Austria has found an innovative way to protest what he sees as punitive taxation and regulation of his industry: offering free sex and drinks to patrons all summer.

The Internal Revenue Service reported Thursday that nearly 44,000 tax preparers have completed its voluntary education program in its first year.