Tax practice

The American Institute of CPAs sent top tax lawmakers on Capitol Hill a package of 34 legislative proposals Tuesday that the AICPA believes promote simplicity and fairness in the tax code.

Taxpayers are willing to go through more steps when preparing their tax returns, such as confirming their identifications and proving additional documentation, if it can help combat tax fraud and identity theft, according to a new survey.

The Internal Revenue Service and the Free File Alliance have reached a new five-year agreement to continue providing free tax preparation software for 70 percent of tax filers.

A Kalamazoo, Mich., tax preparer who billed herself as the “#1 Tax Lady” has been indicted on multiple counts of tax fraud.

Nearly half of all American adults believe that the deadline to register for 2015 health care coverage under the Affordable Care Act has expired, a new survey has found.

Fifty-five percent of Americans expect to receive a refund on their taxes this year and nearly 37 percent will use their refund to pay off debt, according to a new poll.

Tax season has always been the best time of the year for me to get new business. The reason is that there is much less competition.

Some of our favorite recent tax fraud cases.

In a last-minute push before a special enrollment begins Sunday, officials from the Centers for Medicare and Medicaid Services and Treasury Department Friday wanted to remind consumers to sign up for coverage and avoid fees seen in this year’s tax season.

The Internal Revenue Service issued a consumer alert Friday warning taxpayers to beware of tax preparers who tell clients to give them their health insurance payments.

Third Point Reinsurance Ltd. said it’s more than just a hedge fund investing vehicle as the Internal Revenue Service weighs tightening regulation for offshore companies.

A Finnish government tax auditor died at his desk while examining tax returns and the death went unnoticed in his office for about two days.

The number of self-prepared federal returns has increased almost 6% so far this season and professionally prepared returns have dropped, according to the IRS.

New York City’s Department of Consumer Affairs wants to expand interest in free tax preparation services, particularly for low-income New Yorkers who qualify for the Earned Income Tax Credit, by redesigning the sites where they can get Volunteer Income Tax Assistance.

A majority of small businesses are happy with their accountants, but feel they pay too much in taxes, even though they’re not sure their accountants can do much to reduce their tax liability, according to a new survey.

Tax reform, if it happens in the next two years, will occur in incremental steps rather than as a comprehensive package.

The Senate Finance Committee heard testimony Thursday about the increasing prevalence of tax scams and identity theft, with senior citizens finding themselves especially vulnerable to callers impersonating Internal Revenue Service employees.

The most popular way Americans will use their tax refunds is to pay down their debt, according to a new survey.

Dave Camp, the former Republican chairman of the tax-writing House Ways and Means Committee who spearheaded an effort at tax reform in Congress, has joined PricewaterhouseCoopers as a senior policy advisor based in PwC US’s Washington National Tax Services practice.

The campaign for the Republican nomination for president is poised to become a race to the biggest tax cut.