Practice Management

Sometimes a grandfather knows best, even when the disagreement involves the Internal Revenue Service.

A trio of New York City-area income tax preparers has been sentenced to prison.

The American Institute of CPAs has written a letter to Congress asking lawmakers to address the uncertainty about dozens of expired tax breaks and about-to-expire breaks that could complicate next tax season for practitioners.

Grassi & Co. said Tuesday it is combining forces with The Hochman Practice Group, which was formerly part of Rosen Seymour Shapss Martin & Company LLP, expanding Grassi’s footprint to New City, N.Y.

McGladrey LLP has expanded its practice in Ohio by acquiring substantially all the assets of Battelle Rippe Kingston LLP, a CPA firm that offers assurance, tax and consulting services in Southwest Ohio.

The owner of Del Tax Services pleaded guilty to willfully preparing false tax returns for clients.

The Organization for Economic Cooperation and Development has released its first set of recommendations for a coordinated international approach to combat tax avoidance by multinational enterprises, under the OECD/G20 Base Erosion and Profit Shifting Project.

Networking is one of the simplest tools you can use to maximize your accounting firm’s business opportunities and increase your connections with potential clients.

An industry group is urging the House to postpone a vote on legislation that would scale back Securities and Exchange Commission requirements for companies to file their financial statements using Extensible Business Reporting Language, or XBRL, technology.

Leaders of the Senate Finance Committee are hoping their fellow members of Congress will work on passing tax extenders legislation to renew expired tax provisions for individual and business taxpayers, but the legislation probably will not be passed until after the midterm elections this fall.