Practice Management

In my previous article, I discussed mandatory CPE. Today I am writing about non-mandatory courses: those covering practice management.

Taxpayers who make cash contributions on or before April 14, 2014, for Philippines typhoon relief can get an immediate tax benefit by choosing to claim them on their 2013 returns, according to the Internal Revenue Service.

The Internal Revenue Service said Friday that victims of last month’s mudslides and flooding in Washington state will have until Oct. 15 to file their returns and pay any taxes due.

The Internal Revenue Service is not adequately performing the job of managing its mainframe software licenses, according to a report from the Treasury Inspector General for Tax Administration.

Only 33 percent of small businesses employ a bookkeeper, according to a survey by Palo Alto Software, and an additional 50 percent say they also do not plan to hire one this year.

Administering the 2010 health-care law is just like municipal snow shoveling—a top priority that’s non-negotiable, John Koskinen, the commissioner of the U.S. Internal Revenue Service, said Wednesday.

The Senate Finance Committee voted to revive almost all of the 55 tax breaks that expired Dec. 31, providing benefits for wind energy, U.S.-based multinational corporations and motor sports track owners.

The Internal Revenue Service has released a new revenue ruling that offers simplified safe harbor due diligence procedures that a retirement plan administrator can use in order to be deemed to have reasonably concluded that an amount was a valid rollover contribution for an individual retirement account.

The IRS is requesting membership nominations for the Information Reporting Program Advisory Committee.

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