Practice Management

U.S. Wealth Management president and CEO John Napolitano discusses how accountants can help clients find opportunities for financial planning when preparing their clients' taxes, in an interview with Accounting Today managing editor Tamika Cody.

There’s more than one way for a U.S. company to avoid taxes by claiming a foreign address.

New guidance for employees in the Appeals division of the IRS goes into effect in the first week of September.

A recent call on a CPA client firm in the Midwest led to this exchange with the managing partner of the firm: “Greg….we just don’t have time to plan strategically, primarily because our clients are starting to feel the start of the boom and we are running like crazy to keep up with them.”

U.S. taxpayers reported $9.1 trillion in adjusted gross income (less deficit) for tax year 2012, according to the most recent IRS Statistics of Income Bulletin.

The IRS is reminding truckers and other owners of heavy highway vehicles that they may need to file their next federal highway use tax return by Tuesday, September 2.

Some of our favorite recent tax fraud cases.

IRS Commissioner John Koskinen told tax preparers and others who are frustrated with long wait times on the service’s phone lines to call their member of Congress.

A growing number of management consultancies are being acquired by Big four accounting firms, according to mergers and acquisitions lawyer Stuart Cable.

Newly issued Revenue Procedure 2014-49 provides temporary relief from certain requirements of Section 42 of the Tax Code in the context of a "major disaster."