Practice Management

Accounting, tax preparation, bookkeeping and payroll services are collectively amongst the most profitable industries, according to Sageworks, a provider of financial information on privately held companies.

In an increasingly competitive environment, CPA firms are hard pressed to focus on strategies around client retention.

The Internal Revenue Service is generally providing accurate income and family size information to health insurance exchanges to determine the eligibility of individuals for health insurance and the Advance Premium Tax Credit, according to a new government report.

H&R Block has created a new program to draw CPAs and other accountants who are interested in selling their practices or becoming H&R Block franchises, with the new service spearheaded by accounting industry consultant Jennifer Katrulya.

I hear this question all the time from clients.

The Internal Revenue Service is offering tax relief to U.S. citizens and resident aliens living or working in war-torn South Sudan.

Back in May 2013, I wrote an article for Accounting Today, “Taxing Times for the Restaurant Industry.” References to it popped up in a few blogs and law firm websites shortly thereafter, so it appears someone was reading! In that article, I spoke about Form 1099-K, the IRS-mandated procedure for reports issued by credit card companies to taxpayers that accept credit cards for payment.

KPMG LLP has bought the Workday Consulting Practice from AXIA Consulting, a provider of technology and business consulting services to local middle-market and Fortune 500 companies and government agencies.

The Obama administration asked the full U.S. Court of Appeals in Washington to reconsider a three-judge panel’s ruling that customers on the federal marketplace authorized by the health-care overhaul are ineligible for subsidies to buy insurance.

Organic growth of a practice is one path to success – but inking the dotted line can sometimes seem a lot faster.