Tax practice

The Internal Revenue Service’s financial management systems are unlikely to comply with federal laws at least until 2014, according to a new report.

Eight Democratic senators have written to the Internal Revenue Service urging the agency to address problems faced by same-sex couples while filing their 2010 federal income tax returns.

House Majority Leader Eric Cantor, R-Va., has exited from negotiations over resolving the problem of the looming debt ceiling, saying he is unable to agree to any tax increases.

It looks as though the time has come for comprehensive patent reform, which includes the banning of tax strategy patents.

Four people associated with a Bronx tax preparation business have been charged with participating in a scheme to file fraudulent federal income tax returns using the identities of others and one has been accused of threatening IRS agents.

The Internal Revenue Service has increased the optional standard mileage rates for the final six months of 2011, in response to higher fuel prices.

Some of the 2,200 databases that the Internal Revenue Service uses to manage and process taxpayer data are not configured securely, are running out-of-date software, and no longer receive security patches, according to a new government report.

An accounting firm owner and former IRS employee was arrested and charged with running a mortgage fraud scheme involving fake buyers of homes.

At a recent hearing before the Senate Appropriations Committee, IRS Commissioner Doug Shulman heard from senators that the agency ought to provide taxpayers with its own free online tax software.

The Internal Revenue Service has extended the filing due date for the 2009 and 2010 Form 8955-SSA, “Annual Registration Statement Identifying Separated Participants with Deferred Vested Benefits.”

The Internal Revenue Service is unable to detect whether its employees are complying with the tax laws, according to a new government report that identified 133 potentially noncompliant IRS employees.

A husband and wife couple who owned a flight school have pleaded guilty to hiding money in a secret Swiss bank account at UBS, and then transferring the money around the world after UBS came under investigation by the U.S. government.

A Santa Monica man was arrested Friday morning on charges that he committed tax fraud and attempted to interfere with the administration of the Internal Revenue laws.

A man who mistakenly had another taxpayer's refund of $110,000 deposited in his bank account by the Internal Revenue Service could be facing jail time for not reporting the error.

Better implementation by the Internal Revenue Service of two 2008 laws involving reporting of cost basis and transaction settlement could increase taxpayers’ voluntary compliance, according to a new government report.

Roni Deutch, the tax attorney who heavily advertised her IRS tax resolution services before she was forced out of business, has pleaded not guilty to contempt of court charges.

Rep. Jim McDermott, D-Wash., has introduced legislation to amend the Tax Code to regulate and tax Internet gambling.

A pair of women in Alabama were sentenced to prison time and ordered to pay more than $1.4 million for conspiring to file false claims for tax refunds.

CBIZ MHM is realigning its tax consulting business under a new initiative that centralizes four of the firm’s specialty tax service lines.

Thomson Reuters has received a U.S. patent for its Universal Tax Determination Engine, which provides centralized control of tax policy and data-driven tax determinations for sales, use and value-added taxes.