Tax practice

Vice President Joe Biden sparred with Republican vice presidential candidate Paul Ryan in a lively debate over taxes, foreign policy, the economy, Medicare and Social Security.

Are you upset at the new tax prep franchise in the strip mall down the street that is siphoning off some of your return business?

The founder of a business called Uncle Sam’s Tax Service has pleaded guilty to stealing the identities of dead people and using them to file tax returns.

At the request of the IRS Chief Technology Officer, the Treasury Inspector General for Tax Administration reviewed the 2009 re-engineering of the service’s End-User Equipment and Services organization, and declared it successful.

Internal Revenue Service Commissioner Doug Shulman plans to finish his term on Nov. 9 and will be replaced by Steven T. Miller, deputy commissioner for services and enforcement, as acting commissioner.

Bipartisan support for the R&D tax credit can mean benefits for small and mid-sized businesses

Presentations from the 2012 IRS Tax Forums are now available online.

Congress is considering allowing the Internal Revenue Service to report on taxpayers’ tax debts to consumer credit bureaus.

A delivery truck carrying mail addressed to the New Jersey Division of Taxation was involved in an accident on the New Jersey Turnpike and caught fire on September 11, according to the State of New Jersey Department of the Treasury and most of the truck’s contents burned.

Dennis Duban, a Los Angeles-based accountant and tax return preparer, has pleaded guilty to conspiracy to defraud the IRS and assisting in the filing of a false federal income tax return.

(Bloomberg) Any congressional effort to overhaul the U.S. Tax Code should make deficit reduction a priority, instead of cutting high-income Americans’ tax rates, Democratic Senator Chuck Schumer said.

The IRS is reportedly fine-tuning its procedures for collecting and releasing preparers’ personal information gathered during Preparer Tax Identification Number registration.

CCH has released a new Tax Briefing: 2012 Year-End Tax Planning to provide guidance and analysis on potential tax rate changes, the anticipated expirations of Bush-era tax cuts, post-election tax triggers and other scenarios.

IMGCAP(1)]Acquisition transactions come in all shapes and sizes. Some take place at seemingly breakneck speed, while others are the result of months of thoughtful planning.

The Internal Revenue Service has given a $2 million reward to a whistleblower who exposed an alleged tax avoidance scheme by an Illinois tool maker that cost the U.S. Treasury hundreds of millions of dollars.

With one debate already in the books, we’re not really any closer to knowing what taxes will be in the books, or not, come January. In fact, when the ball drops on New Year’s Eve, we may still need a crystal ball to tell us in what direction we are headed.

Liberty Tax Service will offer tax preparation services in more than 300 Walmart stores in tax season 2013.

President Barack Obama and Republican presidential nominee Mitt Romney traded barbs about tax policy and how they would control the budget deficit, with Romney telling Obama at one point that he might need to get a new accountant.

The IRS Electronic Management System located at the Enterprise Computing Center in Martinsburg, W.Va., will be unavailable from Saturday, October 6, at 9:00 p.m. Eastern, through Tuesday, October 9, at 5:00 a.m. Eastern. This will affect individual, business, and state returns processed at this EMS.

A former Internal Revenue Service official was arrested and charged with illegally exposing the identity of a whistleblower who reported tax compliance problems by an international bank to the IRS.