Tax practice

CCH has expanded its Expert Treatise Library with two new titles on the subject of corporate taxation.

Tax prep chain Jackson Hewitt said that one of its tax preparers is among the first to receive the IRS’s new designation of Registered Tax Return Preparer.

The Internal Revenue Service has introduced an online search tool that will allow the public to easily check on information about tax-exempt organizations, such as charities and other nonprofits.

A former bank executive has filed suit against the Internal Revenue Service for failing to pay him a whistleblower award.

An amendment to a highway transportation bill that would have extended expired tax credits such as the Research and Experimentation Credit in exchange for freezing the salaries of federal employees for another year has gone down to defeat in the Senate.

The National Taxpayer Advocate is raising concerns about the effectiveness of the Internal Revenue Service’s increasing reliance on correspondence exams instead of face-to-face audits.

tax preparers, irs, taxes

A group of U.S. expatriates has written a letter to IRS Commissioner Doug Shulman to complain he has not responded to a directive from the National Taxpayer Advocate objecting to the way taxpayers who came forward under the 2009 Offshore Voluntary Disclosure Program were treated by IRS examiners.

The Senate has unanimously approved a provision to a highway transportation bill that would revoke the passports of people with seriously delinquent tax debts.

The Internal Revenue Service has issued transition rules for the repair regulations for tangible property.

The Internal Revenue Service has begun providing the initial set of test results and certificates to tax preparers who have registered for the new tax return preparer competency test.

Anxious taxpayers awaiting their delayed tax refunds are in some isolated cases taking out their frustrations on their tax preparers.

The Senate adopted an amendment to a larger highway transportation bill on Thursday aimed at cracking down on foreign tax havens.

The House Ways and Means Committee held a hearing to consider changing the tax treatment of closely held businesses in the context of overall tax reform efforts.

President Obama pressed for business tax reform in a speech before a group of business executives.

Online accounting industry directory CPAdirectory.com has launched Ask a CPA, a free iPhone and iPad app designed to help consumers, businesses, and accounting and tax professionals with relevant tax and accounting related research and questions.

The Internal Revenue Service is expanding its “Fresh Start” initiative to help more unemployed and financially stressed taxpayers with installment agreements and relief from failure-to-file penalties.

The Internal Revenue Service has revised two forms used by bond issuers.

Swiss lawmakers have passed a tax proposal seen as key to settling a U.S. probe into Swiss banks with hidden offshore accounts.

The Internal Revenue Service is providing tips to help taxpayers avoid a new tax scam involving bogus college tuition tax credits.