Tax practice

Complaints from Internal Revenue Service employees that supervisors urged them to ignore potential fraud in a program that reviews and verifies applications for Individual Taxpayer Identification Numbers have been validated in a new report.

A new Web site offers taxpayers free access to answers from local tax professionals who pay to be listed in its search engine.

Two defendants who received hundreds of thousands of dollars in fraudulent tax refunds have pleaded guilty in federal court.

An inmate at a Missouri prison has pleaded guilty to preparing false tax returns for his fellow inmates.

With record-setting temperatures across the country this summer reminding people that the weather has been getting pretty hot lately, it was only a matter of time before the notion of imposing carbon taxes would return to the heads of policy makers.

A group of 10 Republican senators have written a letter to IRS Commissioner Doug Shulman urging him to resist changing regulations for tax-exempt organizations organized under Section 501(c)(4) of the Tax Code.

The Internal Revenue Service said Tuesday that effective Oct. 1, 2012, applications to become an IRS e-file provider must be submitted online.

The House approved legislation last week that would allow federal employees with seriously delinquent tax debts to be terminated.

President Barack Obama criticized Republican rival Mitt Romney’s tax reform plans during a campaign appearance, referring to them as “Robin Hood in reverse” and “Romney Hood.”

Jackson Hewitt Tax Service has unveiled a mid-year list of top areas taxpayers should be considering or have pointed out to then by preparers to help put them in a better position when filing their tax returns next April.

The Internal Revenue Service has issued proposed amendments to the utility allowance regulations concerning the low income housing tax credit in Code Section 42.

The House has approved legislation to increase the criminal penalties against identity thieves who steal taxpayer information to file fraudulent returns.

Republicans, including Senator Lindsey Graham, accused Senate Majority Leader Harry Reid of lying by saying Mitt Romney hasn’t paid taxes for 10 years.

Newly introduced legislation would cut business taxes by more than half for companies that manufacture patented products in the U.S.

A New Jersey tax preparer faces prison time and $250,000 in fines for intentionally filing false tax returns for her clients

Approximately 7,000 Medicaid providers in three selected states—Florida, New York, and Texas—had an estimated $791 million in unpaid federal taxes from 2009 or earlier, but nonetheless received about $6.6 billion in Medicaid reimbursements that year, according to a new study by the Government Accountability Office.

The owner of a California medical marijuana dispensary was found to have underreported income. Moreover, he was precluded from deducting most of the expenses he claimed because the business consisted of trafficking in controlled substances.

An Internal Revenue Service employee who owned a Sears Hometown Store on the side has pleaded guilty to concealing records in a U.S. Department of Labor investigation of his retail employees’ wages and hours.

The House passed Republican-sponsored legislation Thursday to streamline congressional procedures and pass comprehensive tax reform next year.

The Senate Finance Committee approved legislation Thursday extending dozens of tax cuts known as tax extenders, including the alternative minimum tax patch, which have either expired or are scheduled to expire at the end of the year, while paring back approximately 25 percent of the traditional tax breaks in the name of tax reform.