Taxes December 12, 2025
IRS Says Financial Crimes Surged Nearly 16% in 2025—Up to $10.6B
Of the $10.59 billion, $4.5 billion resulted from tax fraud, marking an increase of 111.8% from FY24, the agency said this week.
October 7, 2013
Will New Healthcare Laws Hurt the CPA-Client Relationship?
As this column goes to print, provisions of the Patient Protection and Affordable Care Act (also known as the “ACA,” or ObamaCare) will change accountants and tax preparers from “trusted advisors” to a more derogatory status:
October 1, 2013
Government Shutdown Begins- What it Means for Small Business
On Monday night, the U.S. Congress rejected the U.S. Senate's version of the House bill for a debt limit increase, which effectively shuts down some of the non-critical operations of the federal government.
September 27, 2013
Unlicensed tax preparer gets probation for tax fraud
A Tulsa, Oklahoma, woman was sentenced Wednesday to five years of probation and was ordered to pay more than $79,000 in restitution to the Internal Revenue Service after pleading guilty to aiding and assisting in the preparation of a false federal income tax return.
September 18, 2013
Swiss Banks to Turn Over Info on U.S. Accounts
The Tax Division of the U.S. Department of Justice has announced an agreement with Switzerland that would permit all but a few Swiss banks to avoid criminal prosecution by paying substantial fines and turning over information on accounts held by American clients.
September 17, 2013
IRS gives tax relief to businesses and individuals affected by Colorado flooding
The Internal Revenue Service is providing tax relief to individual and business taxpayers impacted by severe storms, flooding, landslides and mudslides in Colorado.
September 16, 2013
IRS Tax Gap Estimate Has Room for Improvement
The Internal Revenue Service estimate of the Tax Gap, the difference between taxes owed and taxes paid voluntarily and on time, could be more comprehensive, accurate, reliable and timely, according to a new report released publicly today by the Treasury Inspector General for Tax Administration.
September 14, 2013
Nonprofits & the IRS: 5 Risk Areas to Watch For
As the Internal Revenue Service Exempt Organization division twists and turns in the wind over the recent scandal involving undue scrutiny on certain tax-exempt applications, nonprofit managers and practitioners might wonder how this will impact them.
September 12, 2013
What Would You Ask a Former IRS Auditor?
Do all IRS agents think that all taxpayers selected for audit are cheating on their taxes?
September 6, 2013
New CCH Tax Briefing Addresses IRS’ Recognition of All Same-Sex Marriages Nationwide
CCH, a part of Wolters Kluwer has released a new Tax Briefing: IRS Guidance on Same-Sex Marriage, offering guidance and analysis of the Internal Revenue Service’s announcement that all same-sex marriages nationwide will be recognized for federal tax purposes.
September 6, 2013
AICPA to Congress: Provide IRS with Sufficient Funds to Perform Its Duties
The American Institute of CPAs is urging Congress to provide the Internal Revenue Service with “sufficient” funds to perform its duties.
August 29, 2013
IRS to Recognize Same-Sex Marriages
The Internal Revenue Service and the U.S. Department of the Treasury today ruled that same-sex couples will be treated as married for federal tax purposes, as long as they were legally married in jurisdictions that recognize their marriages.
August 26, 2013
IRS names new Deputy Commissioner for Services and Enforcement
Internal Revenue Service Acting Commissioner Danny Werfel today announced former long-time IRS executive John M. Dalrymple has been named Deputy Commissioner for Services and Enforcement.