Practice Management

The accounting and advisory firm Baker Tilly Virchow Krause has introduced an interactive online mapping tool that helps users determine if a business or development project may qualify under various criteria for the New Markets Tax Credit or Low-Income Housing Tax Credit program.

Almost three quarters (72 percent) of small-business owners have changed their CPA or accounting firm at least in part because the firm only gave them “reactive service,” instead of proactive advice, according to a new survey.

The RNC has filed a lawsuit against the IRS for withholding records sought by a 2013 Freedom of Information Act request.

Despite the late start to tax season, the Internal Revenue Service generally kept pace with last year, according to a government report.

For taxpayers who owe taxes with their tax returns, the IRS has provided ten tips about how to pay.

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

A pair of senators have called on the Social Security Administration to end the policy of seizing taxpayers’ refunds to hold them accountable for decades-old errors made by the agency that led to the overpayment of benefits, and the agency has agreed to do so.

Accountants who meet with business clients to deliver tax returns during busy season are understandably pressed for time and attention. These brief meetings, however, are an important part of developing and cementing your role as a trusted advisor, and they can pave the way for cross-selling additional services to existing clients.

Transition Advisors president Joel Sinkin talks about what firms should do after a merger to retain their clients and staff members, in an interview with Accounting Today editor-in-chief Daniel Hood.

The House Ways and Means Committee held a hearing last week to discuss the perennial issue of the tax extenders, the temporary tax provisions that expire year after year and are usually renewed.