Tax practice

The Internal Revenue Service has published its list of recipients of matching grants for its Volunteer Income Tax Assistance program, and not surprisingly it omits the controversial community organizing group ACORN.

CCH’s Tax Prep Partner series has expanded to cover nonprofit, estate tax and payroll forms.

Yacht broker Robert Moran has been sentenced to two months in prison on tax fraud charges, making him the third former UBS client to be sentenced to prison in South Florida in the past two weeks.

The Internal Revenue Service has selected four new members and a chairman for the Electronic Tax Administration Advisory Committee.

Tax accountants who help U.S. taxpayers hide their income in foreign banks are in the crosshairs of a new push by Congress and the Obama administration to crack down on offshore tax haven cheats.

The House voted to approve health care reform, moving the legislation now to an uncertain outcome in the Senate.

President Barack Obama has signed the extension of the First-Time Homebuyer Tax Credit, along with an extension of unemployment benefits.

A letter to IRS Commissioner Douglas Shulman may hold the key to the shape of the recommendations to be proposed before the end of the year on tax preparer registration.

The Internal Revenue Service is looking for taxpayers who are due to receive a combined $123.5 million from 107,831 refund checks that were returned to the IRS by the U.S. Postal Service due to mailing address errors.

At least 1,260 individuals appear to have erroneously claimed about $1.8 million in Health Coverage Tax Credits on their 2007 returns.

Congress has passed a bill on unemployment that would require electronic filing by all return preparers “except those who neither prepare nor reasonably expect to prepare ten or more individual income tax returns in a calendar year.” The measure is effective for returns prepared after Dec. 31, 2010.

The Senate voted by a 98-0 margin to extend the First-Time Homebuyer Tax Credit while also expanding the credit to existing homeowners who want to move to another residence.

The House Financial Services Committee voted to exempt small and midsized public companies from Sarbanes-Oxley audit requirements.

An IRS employee has admitted to stealing money from the mail that had been sent to the facility where she worked.

The IRS’s plans to create a new unit to examine high-income taxpayers with complex offshore tax structures could prove to be a boon to both accounting firms and tax attorneys.

Forty-three percent of taxpayer requests for copies of tax returns or transcripts were processed incorrectly or not in accordance with IRS guidelines, according to a new report.

Lee Zoeller, a partner at the international law firm Reed Smith LLP, recently began leading the Institute for Professionals in Taxation.

FedEx said the IRS’s audit team has decided not to assess federal employment taxes on FedEx Ground’s home delivery drivers, whom the company considers to be independent contractors.

Electronic tax filing set a new record this year, with 95 million individual federal income tax returns e-filed, up nearly 6 percent from last year’s total of nearly 90 million.

TIGTA: IRS MOSTLY ACCURATE ON RECOVERY REBATE