Practice Management

The owner of Perez Enterprises, a commercial tax preparation business located in Paterson, N.J., was sentenced Thursday to 40 months in prison for filing false tax returns and aggravated identity theft.

Pricing, billing and collecting fees for services are how accountants earn their livings.

With the housing industry finally recovering from the Great Recession, revenue growth at construction companies makes them prime candidates for accounting services.

The Internal Revenue Service reminded home-based businesses and their tax preparers Friday about a new simplified option for claiming the home office deduction that is available for the first time this year, allowing home businesses to deduct up to $1,500 from their taxes.

Thousands of Credit Suisse Group AG’s U.S. clients still don’t know whether tax authorities will learn their identities as prosecutors work to conclude a three-year probe of how the bank helped them evade taxes.

Some of our favorite recent tax fraud cases.

There weren’t a lot of surprises in the President’s Budget, set at $3.9 trillion for fiscal year 2015, which was released on March 4.

For the last few weeks the accounting profession’s rumor mill has been buzzing with stories that Rothstein Kass is about to be acquired by KPMG. Is this all just a matter of frantic speculation, or could this rumor actually have some truth to it?

The Internal Revenue Service reported Thursday that more than 48 million tax refunds had been issued by the end of February, a 5.6 percent increase compared to the same period last year, with the size of the average tax refund also up.

The Internal Revenue Service has created a new video for YouTube that aims to provide useful tax tips for married same-sex couples.