Practice Management

A bipartisan group of lawmakers is asking the tax-writing House Ways and Means Committee to avoid enacting any proposed tax reforms that would limit accounting flexibility for small businesses.

The Organization for Economic Cooperation and Development announced some new steps that the international community is taking toward automatic exchange of tax information between governments worldwide and published ratings of how well countries are complying with demands for greater transparency.

The IRS is starting this year's Earned Income Tax Credit due diligence compliance audits of return preparers.

The Internal Revenue Service needs to increase its oversight over its technology hardware maintenance contracts to ensure it isn’t paying for unnecessary services, according to a new government report.

Last week I moderated an Accounting Today Webinar, sponsored by SurePayroll, on the 2014 Tax Season Toolkit.

Corporate capital expansion plans present opportunities for companies to leverage tax credits and incentives, according to a new study by Ernst & Young that found such plans driving activity in this area.

The on-again, off-again nature of the federal tax provisions traditionally known as tax extenders is leading to uncertainty and unnecessary complexity, according to tax policy experts at the American Institute of CPAs.

The Internal Revenue Service needs to do a better job of tracking its efforts to eliminate identified flaws in the security of systems involving taxpayer data, according to a new government report released to the public on Thursday.

WeiserMazars LLP has merged with the Resnick Druckman Group LLC.

Senate Finance Committee chairman Max Baucus, D-Mont., released a third set of proposals Thursday to overhaul America’s tax code, this one focusing on reforms to tax accounting and cost recovery rules.