Practice Management

This is not about JFK. When he was nominated at the 1960 Democratic Convention, his acceptance speech was preceded with an introduction by Chester Bowes narrating a film about Kennedy’s life and achievements.

Transition Advisors president Joel Sinkin discusses how firms can plan a smooth merger or acquisition deal, and set appropriate goals, whether they're a buyer or seller, in an interview with Accounting Today editor-in-chief Daniel Hood.

Tax preparers frequently skip meals or turn to junk food during the hectic tax season, and some companies want to make sure they make healthier nutrition choices.

Some of the largest and most profitable Fortune 500 companies are paying little or nothing in state income taxes, according to a new study.

A roundup of recent accounting firm mergers and acquisitions.

How to tell tax clients what you charge

The owner of TVO Services, a tax prep business in Atlantic City, N.J., has been indicted by a federal grand jury on 28 counts of preparing fraudulent tax returns for clients.

A like-kind exchange, also known as a Section 1031 exchange after the section of the Tax Code that governs it, is essentially a tax-deferral tool that postpones tax on the exchange of a property for another property of a “like kind.”

The Treasury Inspector General for Tax Administration is warning taxpayers to beware of phone calls from individuals who claim to represent the Internal Revenue Service, but in reality are trying to defraud them, in what it is saying is the largest ever scam it has seen to date.

The Internal Revenue Service is providing transition relief to owners of individual retirement accounts and individual retirement annuities relating to the application of a one-rollover-per-year limitation of the Tax Code.