Tax practice

House Ways and Means Committee Chairman Dave Camp, R-Mich., said that after months of discussions with the Internal Revenue Service on producing documents pertaining to the committee’s investigation of the IRS scrutiny of political groups and subsequent issuance of 501(c)(4) rulemaking, the IRS will turn over emails and documents from the former head of the IRS’s Exempt Organizations unit, Lois Lerner, to him.

The owner of Perez Enterprises, a commercial tax preparation business located in Paterson, N.J., was sentenced Thursday to 40 months in prison for filing false tax returns and aggravated identity theft.

The Internal Revenue Service reminded home-based businesses and their tax preparers Friday about a new simplified option for claiming the home office deduction that is available for the first time this year, allowing home businesses to deduct up to $1,500 from their taxes.

Thousands of Credit Suisse Group AG’s U.S. clients still don’t know whether tax authorities will learn their identities as prosecutors work to conclude a three-year probe of how the bank helped them evade taxes.

Some of our favorite recent tax fraud cases.

There weren’t a lot of surprises in the President’s Budget, set at $3.9 trillion for fiscal year 2015, which was released on March 4.

The Internal Revenue Service reported Thursday that more than 48 million tax refunds had been issued by the end of February, a 5.6 percent increase compared to the same period last year, with the size of the average tax refund also up.

The Internal Revenue Service has created a new video for YouTube that aims to provide useful tax tips for married same-sex couples.

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

House Speaker John Boehner said an IRS official should be held in contempt if she continues to refuse to testify on the agency’s scrutiny of Tea Party groups.

The Internal Revenue Service’s Low Income Taxpayer Clinic Program Office has issued its second annual program report on how LITCs help thousands of low-income taxpayers across the country with pro bono representation, education and advocacy services.

President Barack Obama is proposing more tax increases for U.S. multinational corporations, seeking ways to prevent them from avoiding taxes by exploiting gaps in international law.

President Obama released his budget plan on Tuesday, with proposals for expanding a number of tax breaks along with the budget of the Internal Revenue Service.

The Internal Revenue Service is providing advice to taxpayers and tax preparers this tax season on the various tax credits and tax-related provisions under the Affordable Care Act.

President Barack Obama’s budget will propose tax cuts for low-income families, a retirement savings plan and ask Congress to make permanent certain tax breaks to offset the cost of higher education.

In an exclusive interview, IRS Commissioner John Koskinen answers our questions -- and those of our readers.

The AICPA hosted a webinar on the provisions of T.D. 9655, final regulations that were issued on February 10 and implement employer shared responsibility provisions under the Affordable Care Act for 2015.

More than three-quarters of multinational CFOs believe that exposure to the public of their corporate tax planning activity has a detrimental impact on a company’s reputation, according to a new survey.

The Internal Revenue Service has released new procedures when changing the method of accounting for dispositions of tangible depreciable property.

With tax season now underway, officials with IRS-Criminal Investigation and the U.S. Attorney’s Office in New Jersey are warning taxpayers to beware of tax fraud from tax preparers.