Practice Management

The Tax Court has ruled against an accountant who tried to deduct a portion of his gambling losses from his taxes.

Most U.S.-based multinational corporations paid lower U.S. taxes on their domestic profits than they paid to foreign governments on their foreign profits, according to a recent study.

Entrepreneurs are the brightest, most focused and determined people I know. But it is also lonely for many of them.

Transition Advisors president Joel Sinkin discusses his new book on how accounting firms can execute a successful merger or acquisition, in an interview with Accounting Today editor-in-chief Daniel Hood.

The House Financial Services Committee has overwhelmingly approved bipartisan legislation that would remove a requirement for smaller public companies with less than $250 million in annual revenue from filing their financial statements in Extensible Business Reporting Language, or XBRL, format for five years.

Accounting Today is looking for speakers for its upcoming annual Growth & Profitability Summit.

This season is turning dangerous for tax preparers, according to published reports.

Some of our favorite recent tax frauds.

CCH has released a new tax briefing analyzing the more than 160 tax proposals contained in President Obama’s $3.9 trillion budget plan.

The Internal Revenue Service did not always follow established procedures when trying to collect taxes from taxpayers who had declared bankruptcy, according to a new government report.