Tax practice

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.

The Internal Revenue Service will get closer to its goal of providing state-of-the-art individual taxpayer account processing and technologies if it improves the processes it follows for developing its customer account software, according to a new government report.

The Internal Revenue Service has opened the 2011 tax season by announcing that taxpayers have until April 18 to file their tax returns as a result of a Washington, D.C., holiday.

National Taxpayer Advocate Nina E. Olson released her annual report to Congress on Wednesday, focusing on the need for tax reform as the No. 1 priority in tax administration.

Every few years, as regularly as clockwork, Washington starts talking about “simplifying” the Tax Code.

The American Institute of CPAs told the Internal Revenue Service that tax preparers who will be visited under the IRS’s 2011 compliance program need more information about how client confidentiality will be protected.

The American Institute of CPAs has written a letter to IRS Commissioner Douglas Shulman urging more flexibility in implementing mandatory electronic filing of tax returns by tax preparers in 2011 for individuals, trusts and estates.

Democratic and Republican lawmakers are gearing up for a fight over a bill that would repeal health care reform and the tax credits associated with the law.

CCH has published a new tax briefing that provides an overview of the key tax law developments of 2010 and their impact on taxpayers.

Significant problems remain with efforts by the Internal Revenue Service to identify and prevent tax refund fraud by prisoners after the passage of a 2008 law aimed at curbing such issues, according to a new government report.

The House Republican leadership plans to introduce rule changes that would make it harder for Congress to pass tax increases or close tax loopholes.