December 17, 2013
Anyone who has ever tried to call the Internal Revenue Service knows what to expect first ... a wait. Sometimes a really long one. For tax professionals who need to reach the IRS more frequently, this can be a waste of precious time and productivity.
December 12, 2013
Thomson Reuters Checkpoint Releases Special Report for Tax Professionals on New Capitalization Regulations
December 10, 2013
Report says the IRS needs to do more to prevent fraud committed using stolen EINs.
December 3, 2013
Like most practitioners, I had trouble successfully billing for post-filing work. The reasons are complicated. It’s often an issue of back-and-forth time with clients or the IRS/state taxing authorities.
December 1, 2013
This proposed guidance defines the term “candidate-related political activity,” and if accepted, would amend current regulations by indicating that the promotion of social welfare does not include this type of activity.
November 21, 2013
The Treasury Department agency tasked with overseeing the Internal Revenue Service has issued a report saying that the nation's taxing authority needs to do a better job of tracking its efforts to eliminate identified flaws in the security of systems involving taxpayer data.
November 20, 2013
Must know tax advice for 2013
November 19, 2013
The American Institute of CPAs (AICPA) sent a letter to the Internal Revenue Service (IRS) and Department of the Treasury on Nov. 18 urging that the IRS, as soon as possible, announce the contingency plan that would be in effect in the event of a government shutdown on Jan. 16.
November 19, 2013
The Internal Revenue Service (IRS) needs to improve its use of return on investment (ROI) data in managing tax enforcement resources, according to a report publicly released today by the Treasury Inspector General for Tax Administration.
November 18, 2013
One of Oklahoma's Representatives in the U.S. Congress, Jim Bridenstine, has filed legislation that could lead to repeal of the 16th Amendment to the U.S. Constitution -- the amendment enabling the current federal income tax.
November 14, 2013
IRS targets US taxpayers with offshore bank accounts in the Caribbean
November 11, 2013
A sophisticated phone scam is sweeping the country, using fear of the Internal Revenue Service to target recent immigrants and others, IRS officials warn.