Practice Management

Professional services organizations confronted declining revenues and other challenges last year, according to a new report.

The global strategy consultancy firm, The Parthenon Group, has signed an agreement to merge its operations with EY. The combination is subject to the satisfaction of agreed conditions.

At one point we had a client that was going out of business and they asked us to negotiate a final settlement with the IRS where the two partners could walk away broke but without being in debt to the IRS for unpaid withholding taxes.

Congress is planning a hearing next week on the integrity of the Affordable Care Act’s Premium Tax Credit program as the Internal Revenue Service is cautioning taxpayers to make sure they are receiving the appropriate level of tax credits to help them pay for health insurance.

Some of our favorite recent tax fraud cases.

Edward Snowden, the former National Security Agency contractor who blew the whistle on the secret surveillance activities being carried out by the federal government, is warning accountants and other professionals to be concerned about the privacy of their communications.

The tax reform proposal put forward by House Ways and Means Chairman Dave Camp earlier this year attempts, like other proposals before it, to broaden the base and lower the rates.

Highlights of some of our favorite tax-related blogs from the past week.

Barclays Plc and Deutsche Bank AG face scrutiny over their sale of products to a hedge-fund manager that allowed it to skirt borrowing limits and avoid taxes, according to people with knowledge of the matter.

The U.S. Justice Department is investigating the loss of more than two years of e-mails from an Internal Revenue Service employee at the center of a controversy over how the agency handled Tea Party groups.