Tax practice

Some of our favorite recent tax fraud cases.

The Tax & Accounting business of Thomson Reuters has released an integrated Federal Depreciation Handbook and Calculator for CPA firms and corporate tax professionals.

The Internal Revenue Service anticipates that nearly 5 million taxpayers will amend their returns by filing Form 1040X this year.

As a tax preparation business owner for more than 30 years, Chuck McCabe considers his success due in part to being proactive in structuring his business policies and procedures.

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

National Tax Education is planning to host a series of continuing professional education courses for tax professionals in June and July in Chicago.

More than 100 New Hampshire physicians and health care providers have been reportedly victimized by tax fraud, and U.S. Senator Jeanne Shaheen, D-N.H., is urging federal officials to investigate.

Five defendants from around the country have been indicted by a federal grand jury in Erie, Pa., on charges of conspiracy to commit wire fraud and aggravated identity theft in a scheme in which the Internal Revenue Service paid out approximately $10 million in tax refunds.

The Internal Revenue Service said Wednesday it is taking new steps to fix the HeartBleed bug that was recently identified on sites across the Internet.

Now that the compliance deadlines for the Foreign Account Tax Compliance Act, or FATCA, are in sight, foreign banks and other financial institutions are finally getting their systems in order, even though there are still some holes in what the Treasury Department and the Internal Revenue Service are providing.

The Internal Revenue Service has released the 2015 inflation-adjusted deduction limitations for annual contributions to a health savings account.

In a brief filed with the U.S. Supreme Court on March 17 and scheduled for a hearing April 23, Michael Clarke and his partners in Dynamo Holdings LP argued that they are entitled to a limited evidentiary hearing to show that summonses were issued improperly by the IRS as retribution for their refusal to extend a statute of limitations.

The Internal Revenue Service and other U.S. agencies awarded about $415,000 in contracts to a license plate-tracking company before Homeland Security leaders dropped a plan for similar work amid privacy complaints.

The IRS has begun accepting registrations for its 2014 Nationwide Tax Forums, and is offering discounted registrations to those who sign up early.

While an award program for IRS employees complies with federal regulations, some employees with tax and conduct issues received awards, according to a report released publicly by TIGTA.

Smaller budgets have hurt the Internal Revenue Service’s performance, according to a new government report.

Ah, tax season. We look forward to it all year! Or expect it all year, or dread it…let’s just say we are all aware of this annual event.

The IRS has some advice for taxpayers who may have missed the April 15 tax filing deadline.

Some of our favorite recent tax fraud cases.

As the number of large partnerships involving 100 or more direct partners continues to grow, the Internal Revenue Service is taking a closer look at them, according to a new government report.