Tax practice

Worker classification is an ongoing issue that affects accountants and their clients.

The Internal Revenue Service has to do a better job when scanning taxpayer correspondence to avoid errors and repeated requests for information from taxpayers, according to a new report.

A pair of owners of a tax preparation business that claimed millions of dollars in fraudulent tax refunds on behalf of inmates at various New Jersey prisons have been arrested.

Now that the October 15 extended filing deadline for personal income tax returns has passed, we have only 10 weeks to help our clients plan for the tax returns that will be due April 15.

Rep. Dave Camp, R-Mich., the influential chairman of the tax-writing House Ways and Means Committee, has written a letter to the acting head of the Internal Revenue Service complaining that the IRS’s decision to delay tax season because of the government shutdown will be a financial burden to people who count on early tax refunds.

Hundreds of employees of Internal Revenue Service contractors owe millions of dollars in federal tax debts, according to a new report.

The total number of state, county, city and transit sales tax rate increases in the U.S. rose to 129 in the third quarter of this year, compared to 69 in third quarter of 2012, according to a new report from Thomson Reuters.

Greatland, a provider of W-2 and 1099 products for business, is offering advice to help businesses and their tax preparers avoid penalties, improve compliance and know the important changes for year-end, particularly in light of the Affordable Care Act.

The Internal Revenue Service announced on Tuesday that it will delay the start of the 2014 tax filing season by as much as two weeks due to delays caused by the recent closure of the federal government.

The Internal Revenue Service estimates that between 21 and 25 percent of Earned Income Tax Credit payments were issued improperly during fiscal year 2012, or approximately $11.6 billion to $13.6 billion, and those estimates may be understated because laws that extended increases in the EITC were not factored into the estimates, according to a new report.

When construction slowed during the recession, some companies hired workers and wrongly designated them as independent contractors to avoid paying insurance, taxes, fair wages and overtime.

The Internal Revenue Service is reducing the photocopying charge for tax returns from $57 per copy to $50, thanks to greater efficiency and improved technology at the agency.

The Internal Revenue Service said Friday that farmers and ranchers who previously were forced to sell livestock due to drought conditions currently affecting much of the nation will now have an extended period of time in which to replace the livestock and defer tax on any gains from the forced sales.

After reopening operations on Oct. 17, the IRS said in an email to tax professionals Friday that its employees are reporting back to work, and the agency is assessing the impact of the 16-day shutdown on its national operations.

CCH has released a new tax briefing offering insights and analysis to assist tax practitioners and their clients with year-end tax planning.

The majority of the U.S. government, including the U.S. Tax Court, shut down on October 1. Late this past Wednesday, Congress voted to reopen the government through January 15 of next year. Despite the shutdown, the statutory deadline of 90 days for filing a petition in the Tax Court cannot be extended. Yet during the shutdown, the Tax Court was not accepting hand delivery and very likely was not opening its mail.

The Internal Revenue Service has delayed the 2014 season for renewing Preparer Tax Identification Numbers because of the government shutdown that ended last night.

After the partisan passions and heated rhetoric, the disruptions of a government shutdown and displays of dysfunction, Congress did what it could have done weeks ago: voted to fund the government and lift the debt limit.

When it comes to tax disputes, there are three different forums in which to bring a lawsuit, and sometimes the choice makes a difference in the result.

Thomson Reuters’ WorldTrade Executive brand has released the latest edition of Global Transfer Pricing Solutions, a book that covers regulatory changes and provides analysis in the field of transfer pricing.