WASHINGTON – Because the Internal Revenue Service (IRS) does not always recognize and properly investigate possible tax fraud, it may be missing opportunities to further promote voluntary compliance and enhance revenue, according to a new audit rep… more »

WASHINGTON – Because the Internal Revenue Service (IRS) does not always recognize and properly investigate possible tax fraud, it may be missing opportunities to further promote voluntary compliance and enhance revenue, according to a new audit report re… more »

Glen E. Frost and Kaitlyn Loughner, Contributors   This tax season, thousands of business owners are gearing up to prepare their tax returns and are collectively wondering, “What do I do with this Form 1099-K?” Businesses that accept credit card pa… more »

The IRS is focusing much of its resources on wealthy taxpayers.  Our firm is seeing an increased number of audits focused on high earning  individuals and businesses.  Among the most likely targets are Schedule C businesses and individuals claiming large… more »

Detroit - The man charged with fixing Detroit's faltering finances has been hit with four liens in four years from the state of Maryland for unpaid taxes, records show. State records show Kevyn D. Orr, who was appointed emergency manager on Thursday, h… more »