The Internal Revenue Service (IRS) is looking for civic-minded taxpayers interested in applying for membership in the Taxpayer Advocacy Panel (TAP) which helps improve the agency by making suggestions regarding their decision making.“As the IRS continues to examine taxpayers’ needs in the area of service, the Taxpayer Advocacy Panel has emerged as a vital source for gathering and providing information from the perspective of taxpayers,” stated Nina E. Olson, National Taxpayer Advocate.

The American Institute of Certified Public Accountants (AICPA) has identified 10 common and avoidable errors taxpayers make on their federal tax returns that can affect their tax bill, delay processing of their return and even draw the attention of the Internal Revenue Service (IRS).Advertisement

Employers sometimes reimburse employees for travel related to the business or the employee's job.

An unsolicited e-mail from the Internal Revenue Service (IRS) is most likely a scam.Identity thieves are using the IRS name, or logo, in an attempt to gain access to financial information and steal the assets of unknowing taxpayers, the IRS warns.

A study released last week by the nonprofit Tax Foundation found that states with concentrations of higher income taxpayers sent more money to Washington than they got back in federal spending.

The three largest tax preparation companies, H&R Block Inc., Jackson Hewitt Tax Services, and Liberty Tax Service, reported preliminary results last week for the period from January 1 through February 28th, with Block reporting a decline in number of returns prepared, and Jackson Hewitt and Liberty reporting increases.

When is an accounting firm not a qualified personal service corporation (QPSC)? According to Judge Holmes of the U.S.

A new study shows that 37 percent of adults in the U.S. feel frustration when filing taxes comes to mind, no matter if they are filing taxes annually or quarterly. Harris Interactive conducted the survey that was commissioned by Network Solutions. The least favorite parts of doing taxes for U.S.

In the eight years that Lou Grumet has been executive director of the New York State Society of CPAs (NYSSCPA), he and the nation’s largest CPA society have assumed a high profile in an array of accounting profession issues, sometimes in tandem and sometimes at odds with the American Institute of CPAs (AICPA). This year is no exception.With Grumet as their point person, the 33,000-member NYSSCPA has stepped to the forefront in the nation’s tax reform debate, proposing its own resolution and using its perch in the nation's media capital, New York City, to draw attention to its cause.