Tax practice

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.

Treasury Secretary Timothy Geithner talked about the Obama administration’s support for corporate tax reform during and after a speech on Wednesday.

A Santa Fe, N.M., woman and her husband have pleaded guilty to conspiracy to defraud the federal government, and she has been ordered to pay over $1.7 million in taxes from operating an adult entertainment Internet business.

What full faith and credit? That’s the question many are asking as Congress is coming under increasing pressure to raise the debt ceiling yet again to avoid a possible default on the federal government’s credit obligations.

The Supreme Court has ruled unanimously in favor of the Internal Revenue Service, saying that medical residents are full-time employees who are subject to payroll taxes and don’t qualify for the student exemption.

Former IRS agent Ronald A. Bright pleaded guilty Tuesday to one count of assisting in the preparation of a fraudulent tax return.

The Internal Revenue Service has issued new rules for obtaining its consent for a change in the method of accounting.

The Internal Revenue Service said a series of forms will be disabled until mid- to late February with error codes.

The Internal Revenue Service does not verify that government contractors have paid federal taxes, despite a presidential directive last January that contractors with serious tax delinquencies not receive new work from federal agencies, and at least 20 contractors for the IRS owe a total of approximately $5.2 million in unpaid taxes, according to a new government report.

The Internal Revenue Service has been hearing a lot of concerns about its new requirements for tax preparers to electronically file tax returns.

The Internal Revenue Service had a nice gift in the post-holiday season for retailers: extra flexibility in the accounting for gift card redemptions.