Tax practice

Former Senator Christopher Dodd, D-Conn., told attendees at the Association of Certified Fraud Examiners conference that the financial reform law is essential, even though he wishes his name were not attached to it.

A group of 11 senators have written to the Internal Revenue Service asking for information about requests for confidential donor information from organizations applying for tax-exempt status.

The Internal Revenue Service has improved its oversight of nonbank trustees that act as custodians for tax-exempt retirement and savings accounts, and should now reevaluate the resources it expends on the program, according to a new report.

The Internal Revenue Service has just issued temporary and proposed regulations aimed at simplifying the handling of portability elections in estate tax law.

Tax preparation chain Liberty Tax's parent JTH Holding announces earnings, OTC listing

IRS Revenue Procedure 2012-28 offers help and a safe harbor on cancellation-of-debt income for publicly traded partnerships

KPMG has introduced an online resource that examines how tax authorities in 18 different countries are dealing with the challenge of taxing cloud computing services.

A trio of tax preparers have been charged with helping their clients evade taxes by hiding millions of dollars in secret accounts at two Israeli banks.

The Internal Revenue Service’s Return Preparer Office is extending its social media presence to LinkedIn.

Thomson Reuters has released mobile versions of Thomson Reuters Checkpoint, the online service that provides research, news, analysis and productivity tools to tax, accounting, trade and finance professionals, for smartphones and tablets.

While I’ve not yet been the victim of identity theft, the possibility—and the consequences—are beginning to loom.

A Los Angeles-area tax preparer has pleaded guilty to tax fraud charges after he was accused of using his clients’ identities to file for large tax refunds that went to his address.

Participants in the Internal Revenue Service’s Volunteer Income Tax Assistance program prepared thousands of free tax returns for taxpayers well above the income threshold mandated by the IRS, even for taxpayers with incomes over $1 million.

The Internal Revenue Service said Wednesday it has reached a settlement with BDO USA LLP under which the accounting firm will pay a civil penalty of $34.4 million for violating tax laws concerning tax shelters.

The Senate Finance Committee held a hearing Tuesday to examine the impact of tax reform on U.S. energy policy.

The Internal Revenue Service warned employers that they only have until June 19 to qualify for an expanded tax credit of up to $9,600 for hiring veterans.

With the hurricane season starting early this year, the Internal Revenue Service is encouraging individuals and businesses to follow a few steps to protect themselves against natural disasters.

A federal appeals court has upheld a lower court ruling dismissing the complaint of a tax preparer who argued that the Treasury Department and the Internal Revenue Service did not have the right to charge an annual fee for a Preparer Tax Identification Number.

CCH’s Taxes – The Tax Magazine, one of the profession’s oldest tax-centric magazines, is now available as an app for the iPad.

The House Ways and Means Select Revenue Measures Subcommittee held a hearing Friday on various expiring and already-expired tax breaks.