Former BDO Seidman vice chair pleads guilty to tax fraud
Adrian Dicker, a United Kingdom chartered accountant and former vice chairman and board member at a major international accounting firm, has pleaded g...
California man accused of falsely claiming to be an IRS Enrolled Agent
A Fairfield, California man accused of falsely presenting himself as an IRS Enrolled Agent is facing 16 felony charges following a lengthy investigati...
IRS issues guidelines to assist Madoff victims
Victims of Bernard L. Madoff's massive Ponzi scheme will be able to deduct up to 95 percent of their investment loss, IRS Commissioner Douglas H. Shul...
IRS lowers interest rates for second quarter
The Internal Revenue Service has announced that interest rates for the calendar quarter beginning April 1, 2009, will drop by one percentage point. Th...
New tax law extends NOL carryback period
The Internal Revenue Service has announced that small businesses with deductions exceeding their income in 2008 can use a new net operating loss tax p...
The IRS is now the only tax collector: Can they do the job?
By Anne RosivachThe decision by the Internal Revenue Service (IRS) not to renew contracts with private debt collection companies after a month-long re...
Wanted: A few good Issues for IRS Industry Issue Resolution Program
The Internal Revenue Service is encouraging business taxpayers, associations and other interested parties to submit to the Industry Issue Resolution (...
IRS will end private debt collection program
The Internal Revenue Service announced last week that after conducting an extensive review of the private debt collection program, including the cost ...
Senators admit to making tax errors and hiring outside accountants
Most accountants prepare their own tax returns, and doesn't it make sense that the folks in Washington who tell the accountants what should and should...
IRS releases information to help employers claim COBRA coverage credit
The Internal Revenue Service has released detailed information that will help employers claim credit for the COBRA medical premiums they pay for their...
IRS offers tips for people taking early retirement plan distributions
If you took an early distribution from your retirement plan, here are some things the IRS wants you to know:
Payments you receive from your Individu...
UBS is pressured to turn over Swiss tax shelter client names
Last week, the Securities and Exchange Commission filed an enforcement action against global financial services firm UBS AG, charging the firm with ac...
President's budget calls for "significant" tax increases, makes stimulus cuts permanent
The President's budget plan which he sent to Congress on February 26 gives "a pretty good feel for where the Obama administration will try to go in te...
"Tax avoidance" teacher unable to avoid years in prison
Students who paid Daniel Doyle Benham for classes may want their money back. In fact, they may want to use it to pay their overdue taxes. Benham, of T...
Home buyers can claim 2009 tax credit on 2008 tax returns
The Internal Revenue Service has announced that taxpayers who qualify for the first-time homebuyer credit and purchase a home during 2009 prior to Dec...
Former BDO Seidman partner pleads guilty in multi-million dollar tax shelter scheme
Michael Kerekes, a former principal and attorney at BDO Seidman, pleaded guilty to a tax shelter scheme that prosecutors allege helped wealthy investo...
IRS produces new 2009 withholding tables
The Internal Revenue Service has released new withholding tables that will result in more take-home pay this spring for millions of American workers.T...
AICPA tax expert reacts to the Stimulus Bill
With all the nay-saying about the American Recovery and Reinvestment Act, at least one AICPA tax expert finds it … well, stimulating. Tom Ochsenschl...
Long and winding path to tax relief for Madoff victims
Victims of the alleged Ponzi scheme operated by Bernard Madoff may recoup some of their investment by claiming the fraud loss as an offset to ordinary...
Bounty hunter Duane "Dog" Chapman hounded by the IRS
His accountant says it's all a matter of bad timing. Duane "Dog" Chapman is the owner of Dakine Bail Bonds in Honolulu, but is more well-known as the ...
