Tax research

  • About 10 percent of General Service Administration contractors owed roughly $1.4 billion in unpaid taxes between the years 2004-05,according to an investigation conducted by the Government Accountability Office.

    March 15
  • The American Institute of CPAs and the American Association of Attorney-CPAs have partnered with the Internal Revenue Service to offer free tax return preparation assistance to some taxpayers impacted by Hurricanes Katrina, Rita and Wilma.

    March 15
  • Marion Barry, the former four-term mayor of Washington and a current D.C. council member, was sentenced to three years of supervised probation on misdemeanor charges of failing to pay income taxes for six years.

    March 13
  • The Internal Revenue Service awarded contracts to a trio of firms to participate in the first phase of its private debt collection initiative.

    March 10
  • Professional preparation of a non-itemized Form 1040 will cost a taxpayer about $110, while an itemized 1040 with Schedule A will run about $201, according to a survey from the National Society of Accountants.

    March 9
  • Taxpayers doesn't seem to be returning to pencil and paper after the Internal Revenue Service discontinued its TeleFile service.

    March 9
  • American taxpayer support for overall tax compliance has reached an all-time high, according to an annual survey commissioned by the IRS Oversight Board.

    March 8
  • Kroger Co., the largest supermarket company in the country, will restate its earnings for the past three years for errors in accounting of deferred taxes.

    March 7
  • The Ohio Department of Taxation has collected approximately $63 million in delinquent taxes previously owed to the state, which is more than six times the initial goal set.

    March 3
  • The Supreme Court heard a case on corporate subsidies that could have a major impact on the legality of state and local tax incentives used as a means to spur economic development.

    March 2
  • More than a couple of decades ago, a suburban daily newspaper publisher convened his editorial staff at a local restaurant to elicit ideas for selecting the best community to live in within the readership area.

    March 2
  • Domestic partners in California must file their federal tax returns separately, despite a 2003 law that extended equal legal rights to registered same-sex couples in the state.

    March 1
  • BNA has appointed David Schulbaum as its new director of marketing for the company's Tax Management Inc. subsidiary.

    March 1
  • Tax protestor Irwin Schiff was sentenced to 163 months in prison -- including 151 months for tax fraud and an additional year for contempt of court -- the Department of Justice and the Internal Revenue Service announced. He was also ordered to pay more than $4.2 million in restitution.

    February 28
  • The Tax Foundation has released the third edition of a s tudy breaking down business-friendly tax systems, from first to worst.

    February 28
  • Internal Revenue Service officials released a report on the agency's examination of political activity by tax-exempt organizations during the 2004 election campaign.

    February 27
  • H&R Block Inc. said that a miscalculation of its own state taxes will cost the company about $32 million in back taxes.

    February 27
  • Observers predict that this year's e-filing season, which kicked off on January 13, will far outpace previous years in terms of the number of e-filed returns."We experienced a big surge compared to last year," said Jo Ann Cummings, product manager for CCH's Torrance, Calif.-based ProSystem fx Tax. "We e-filed over 3 million returns last year, and we expect a big increase in that."

    February 27
  • Deepening congressional concern over identity theft is casting a spotlight on tax return preparers who share their clients' Social Security numbers with outside contractors.In a report to Congress focusing fresh attention on the tax-outsourcing issue, auditors from the Government Accountability Office warned that the sharing of personal financial information by tax preparers and other private-sector industries could leave Americans unnecessarily vulnerable to financial fraud.

    February 27
  • CERTAIN TAX RETURNS WILL HEAD TO DIFFERENT CENTERS: As taxpayers begin to prepare their tax returns, the Internal Revenue Service noted that some may be sending their returns to a different service center than last year. Those who received a tax instruction booklet from the IRS in the mail and use the labels included with the booklet can be assured that their tax returns will go to the correct address. Taxpayers who e-file are not affected by these changes.For tax year 2005, the mailing changes affect returns, with or without payments, from the District of Columbia and 11 states - Colorado, Delaware, Kansas, Maryland, Mississippi, Nebraska, New Mexico, Ohio, South Dakota, Virginia and West Virginia.

    February 27