IRS WATCH

Congress introduces tax preparer regulation bill

By Michael Cohn       5 min read

A pair of lawmakers introduced bipartisan legislation to regulate tax preparers in the latest effort to ferret out unqualified preparers. Read story →

Supreme Court denies marijuana dispensaries' challenge to IRS

By Roger Russell       2 min read

The justices declined to hear a case from a group of Colorado dispensaries challenging the service's ability to investigate them. Read story →

Liberty Tax acquired by NextPoint

By Jeff Stimpson       2 min read

The SPAC has already begun integrating other financial products in the tax prep franchiser’s offerings. Read story →

Tax Fraud Blotter: Frightful behavior

By Jeff Stimpson       5 min read

And the nominees are...; junk mail; discredited; and other highlights of recent tax cases. Read story →

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New bill would simplify tax payment deadlines

By Michael Cohn       2 min read

Congress introduced bipartisan legislation aimed at changing the estimated tax payment deadlines to a uniform, quarterly schedule. Read story →

Pandemic relief extended for donated vacation

By Jeff Stimpson       1 min read

The IRS won’t treat cash-for-vacation donations as compensation. Read story →

IRS gearing up for partnership compliance campaigns

By Roger Russell       4 min read

Compliance audits, the new wrinkles of CTC, marijuana and more were key topics at a recent stakeholders meeting with the service. Read story →

Trump Organization, CFO charged in Vance probe

By Erik Larson and Jennifer Jacobs       3 min read

Chief Financial Officer Allen Weisselberg is expected to be charged in the first cases to emerge from a multiyear investigation of the former president’s company Read story →

CPA conviction for conspiracy and aiding filing of false returns affirmed

By Roger Russell       2 min read

A federal appeals court in Boston has upheld the jury conviction of a CPA for filing a false tax return, despite the CPA’s claim that he relied on information provided by his client and client’s bookkeeper. Read story →

Accountants more likely to return to offices than others: Study

By Daniel Hood      

A cross-industry survey finds that accounting firm leaders are not embracing WFH as much as other industries. Read story →

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Tax legislation update and tips for generating client engagements and revenues in 2022

Tuesday, July 13, 2021 2:00 PM EDT

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