Practice Management

The Internal Revenue Service is providing more time to farmers and ranchers in 30 drought-stricken states to defer taxes on any gains from forced sales of livestock.

The Internal Revenue Service has decided not to appeal a district court case which ruled that the agency doesn’t have the authority to regulate return preparers’ contingent fee arrangements for refund claims.

The Internal Revenue Service’s collection efforts need to be improved to make sure that delinquent taxpayers residing in foreign countries comply with their U.S. tax obligations, according to a new government report.

Top 100 firm Carr, Riggs & Ingram, LLC has acquired the wealth management firm Level Four Advisory Services.

Top 100 firm Honkamp Krueger & Co. has acquired the Moline, Ill,-based firm Crippen, Reid & Bowen LLC.

The Internal Revenue Service could be missing out on some opportunities to collect delinquent taxes because it is not always completely researching cases before closing them as uncollectible, according to a new government report.

Top 100 firm BKD LLP and Chicago-based accounting firm Wolf & Company have agreed to merge. Wolf will officially become part of BKD on Nov.1, 2014.

In October the IRS will send warning letters to preparers who appear not to be complying with due-diligence requirements for the Earned Income Tax Credit.

The European Union will step up its probe of Apple Inc.’s tax arrangements in Ireland, revealing why it suspects the iPhone maker received an unfair advantage.

You’ve left unanswered voicemails and sent a dozen ignored e-mails. On those blue-moon occasions when they actually keep appointments, you walked these clients through returns line after line, time after time.