Tax practice

The House has approved a bill to help taxpayers enter into payment agreements with the IRS, relax the record-keeping requirements on cell phones, and improve IRS services for low-income taxpayers.

The House Ways and Means Committee held a hearing Wednesday on ways to provide energy-related tax incentives to encourage more “green” jobs.

The former partner of a convicted income tax evader has been indicted for continuing the same abusive trust scheme that sent her ex-partner to prison.

The House Ways and Means Committee has introduced legislation to help taxpayers enter into payment agreements with the IRS, relax the record-keeping requirements on cell phones, and improve IRS services for low-income taxpayers.

An El Segundo, Calif., tax return preparer has agreed to plead guilty to charges that he willfully failed to file his personal income tax return for 2005 and that he filed false claims for tax refunds on behalf of his clients.

The Internal Revenue Service said that members of the military and certain civilians providing earthquake relief in Haiti have additional time to file their 2009 returns and pay any taxes due.

California has the highest state sales tax rate in the country, according to a new report on sales and use tax rates.

By identifying higher wage earners who are having too few taxes withheld from their paychecks, the Internal Revenue Service could collect as much as $1.6 billion in additional taxes over a five-year period, according to a new report.

The Internal Revenue Service plans to check for unfiled tax returns and look for unreported income from sole proprietors of small businesses during correspondence audits.

The Internal Revenue Service’s audits of the nation’s largest corporations have dropped sharply in recent years, despite growing federal budget deficits, according to a new report.

A federal grand jury has indicted an Internal Revenue Service revenue agent on charges of filing false tax returns, helping others file false tax returns, and threatening to kill tax agents who were investigating him.

The Financial Crisis Inquiry Commission held three days of hearings this week to investigate some of the causes behind the financial crisis, grilling former Federal Reserve Chairman Alan Greenspan and various executives.

An H&R Block office in the Bronx has allegedly been used for identity theft with employees or former employees the likely culprits in stealing the identities of at least 20 customers to claim refunds in their name.

An unprecedented number of tax preparers in Manhattan and the Bronx have been charged in a variety of tax fraud schemes a week before the end of tax season.

Senior revenue officers at the Internal Revenue Service who are supposed to handle more complicated tax cases oftentimes don’t receive any work assignments, according to a new government report.

With economic uncertainty still lingering, many Americans plan to use their tax refunds conservatively, according to a new survey.

The Internal Revenue Service and the Justice Department have been stepping up their efforts to investigate and prosecute tax practitioners preparing fraudulent returns.

The Internal Revenue Service has updated its Web site to provide information to small employers regarding the new tax credit for providing health coverage.

The Internal Revenue Service has released guidance about the reporting obligations for certain shareholders of passive foreign investment companies who are subject to an annual filing requirement under the recently passed HIRE Act.

CCH has provided a list of the biggest tax breaks from last year that individuals can take on their 2009 tax returns.