Rappers Foxy Brown and Toni Braxton face tax liens
Singers Foxy Brown and Toni Braxton reportedly face hefty tax liens, ranging from $79,315 for Braxton to $641,558 for Brown.
IRS adjusts focus to hedge fund investors
The Internal Revenue’s focus on income from foreign bank and financial accounts could turn to investors in hedge funds with foreign domiciles.
IRS Webinar addresses Office of Professional Responsibility
The next installment of the Internal Revenue Service's Tax Talk Today will discuss "OPR: A Balanced Approach," featuring the agency's Office...
Online retailers Amazon, Overstock.com in tax dispute with states
Soon after dropping its California and Hawaii-based marketing affiliates over online tax issues, Overstock.com reversed its decision after state offic...
Taxpayer Advocate addresses tax preparer oversight, OIC, taxpayer services
National Taxpayer Advocate Nina E. Olson delivered a report to Congress this week that identifies the priority issues the Office of the Taxpayer Advoc...
How to lose $7 billion in taxpayer money without really trying
How did the IRS manage to pay out $7 billion in improper child tax credits in the tax years, 2004-2007? That's the question that the Treasury Inspecto...
Contrary to reports, DOJ will continue probe of UBS Swiss bank account holders
Earlier this year we reported that the Securities and Exchange Commission had filed an enforcement action against UBS AG, claiming that UBS aided U.S....
Accountant charged with threatening life of prosecutor
Manhattan District Attorney Robert M.
...
Technology required: Making 7216 easily manageable
By Barry J. Friedman, CPAFuture-thinking firms are taking advantage of the latest and greatest technologies to elevate efficiency at all levels of ope...
Filing errors spur TIGTA to recommend changes to Form 1040
The Internal Revenue Service (IRS) could reduce the number of errors made by individual taxpayers by clarifying instructions on and improving the layo...
TIGTA and IRS disagree about need to inform elderly about withholding options
The Internal Revenue Service (IRS) should increase its efforts to educate elderly taxpayers about potential exemptions from withholding tax on certain...
