Practice Management

The Internal Revenue Service has revised its guidance on electronic signatures, with updated information on the currently acceptable electronic signature methods, identity verification requirements and electronic record requirements.

The American Institute of CPAs has written a letter to the Internal Revenue Service, asking the agency to postpone the effective dates for cost basis reporting for options and debt instruments.

Marcum Search LLC, the executive recruiting affiliate of accounting and advisory firm Marcum LLP, has acquired the Melville, N.Y.-based full-service staffing firm ProSearch Inc.

Republicans in Congress want to add language to a U.S. aid plan for Ukraine that would block a proposed IRS rule curbing political activity by tax-exempt groups, Senator Bob Corker said Tuesday.

A former banker at a Credit Suisse Group AG unit pleaded guilty to helping American clients evade taxes, increasing pressure on the bank amid a U.S. probe of how it helped wealthy Americans cheat the Internal Revenue Service.

Many individual tax returns select a third-party designee, but even though this designation is widely used, its scope is often misunderstood.

Lois Lerner, who oversaw the Internal Revenue Service’s scrutiny of Tea Party groups, was looking for someone from every branch of government to help resolve the issue that eventually cost her job.

Policy makers on both sides of the partisan divide, from Treasury Secretary Jacob J. Lew to Mitt Romney’s economic adviser Glenn Hubbard, favor expanding the Earned Income Tax Credit. This rare harmony holds the potential to reshape the debate on bridging the growing opportunity gap.

The Internal Revenue Service is seeking civic-minded volunteers to serve on the Taxpayer Advocacy Panel, a federal advisory committee that listens to taxpayers, identifies major taxpayer concerns and makes recommendations for improving IRS services.

H&R Block has launched a series of YouTube music videos featuring various musicians singing about the excitement of getting a tax refund.