Practice Management

The Internal Revenue Service announced today that the 2013 tax season will start on January 31, and encouraged taxpayers to e-file or use the Free File service to get their refunds more quickly.

Although federal law prohibits agencies from contracting with businesses that have unpaid federal tax liabilities, more than 1,100 vendors doing business with the IRS owe a combined $589 million in federal tax debt.

When it comes to next tax season, tax preparers’ biggest concerns all revolve around lateness.

KPMG will acquire the analytical applications company Link Analytics LLC, with the intent of expanding the U.S. audit, tax and advisory firm’s data and analytics capabilities.

Mark Twain once said, “The report of my death was an exaggeration,” upon learning that a newspaper carried his obituary. Talk about a bad way to start your day!

The Internal Revenue Service has issued guidance on in-plan Roth Individual Retirement Account rollovers, that is, rollovers within a retirement plan to designated Roth IRAs in the same plan.

The Internal Revenue Service has issued guidance on the application of rules in the Tax Code relating to health savings accounts and flexible spending accounts to same-sex couples in the aftermath of the Supreme Court’s landmark decision earlier this year striking down the Defense of Marriage Act.

The Internal Revenue Service announced the selection Tuesday of three new members and a chairperson of the IRS’s Electronic Tax Administration Advisory Committee.

Launching a payroll practice does not have to be overwhelming, in fact if the right business model is adopted, starting a payroll venture can happen faster than one might think…and with far less stress.

Ernst & Young has purchased the U.S. tax preparation and court accounting outsourcing businesses of Thomson Reuters, which includes approximately 175 employees.