Tax practice

The Internal Revenue Service has introduced IRS2Go, its first smartphone application that lets taxpayers check on the status of their tax refund and obtain helpful tax information.

A whistle-blowing former Swiss bank executive has handed over two CDs containing the names and account holdings of more than 2,000 high net worth American, European and Asian customers to WikiLeaks founder Julian Assange.

The Senate has introduced bipartisan legislation that would give law enforcement access to tax return information that could help them locate missing children.

Three Democratic Senators have written a letter to House Speaker John Boehner, R-Ohio, urging him to fix the 1099 reporting requirement in the health care reform law, and have pledged speedy action in the Senate if he does.

With nine out of 10 families either hiring tax preparers or purchasing tax software in order to file their taxes, it is clear that the Tax Code is too complex, too time-consuming and too costly for our families and businesses. So says Dave Camp, R-Mich., the new chairman of the House Ways and Means Committee.

Senate Finance Committee Chairman Max Baucus, D-Mont., and ranking member Chuck Grassley, R-Iowa, released the language of legislation they intend to introduce that would eliminate the patenting of tax strategies, a key priority of the American Institute of CPAs.

Intuit has made several updates to its ProLine Tax Online tax prep application for this tax season.

Valentine’s Day will turn into Tax Day as the Internal Revenue Service plans to begin processing tax returns delayed by last month’s tax law changes on Feb. 14.

The Republican-controlled House voted Wednesday evening to repeal President Obama’s landmark health care reform law, but the measure is not expected to come to a vote in the Democratic-controlled Senate.

A trio of senators is urging the Internal Revenue Service to share information with the Bureau of Prisons to prevent more prisoners from committing tax fraud from within their jail cells.

President Obama has issued an executive order directing federal agencies to consider the costs and benefits of regulations both new and old.

A former CPA who owned Airport Medical Supply, in Van Nuys, Calif., was sentenced to 51 months in federal prison after pleading guilty to health care fraud and tax charges detailed in a plea agreement filed by prosecutors last year.

The Internal Revenue Service has introduced new regulations aimed at encouraging more whistleblowers to report on corporate tax problems by making it easier for them to collect on their claims.

The Internal Revenue Service needs to conduct more research to identify the needs and preferences of small business and self-employed taxpayers, according to a new government report.

The Internal Revenue Service opened its 21st season of electronic filing Friday with a reminder to taxpayers that e-file remains the best way to get fast refunds and ensure accurate tax returns, particularly following several tax law changes in December.

The Internal Revenue Service opened its Free File program Friday for the ninth year, offering free tax preparation and electronic filing to taxpayers.

CCH has expanded its research resources with the CCH Expert Treatise Library, with the initial treatise covering the taxation of compensation and benefits.

Henry Bloch, the “H” in H&R Block, needs no introduction to accountants, or the millions of taxpayers whose returns have been prepared by the firm — and the industry — he spawned.

The Internal Revenue Service issued guidance Thursday that will allow more small tax-exempt organizations to file a simpler tax form containing less information than they would have been required to file previously.

The Treasury Department launched a pilot program Thursday to provide tax refunds on prepaid debit and payroll cards.