Practice Management

The Internal Revenue Service needs to improve its use of return on investment data in managing tax enforcement resources, according to a new government report.

The Internal Revenue Service Advisory Council has released its annual report featuring recommendations on a wide range of tax administration matters, including a suggestion that the IRS expand its voluntary correction programs to make it easier for taxpayers to self-report any prior year non-compliance.

The Bonadio Group and Stulmaker, Kohn & Richardson have finalized an arrangement to merge, and will operate under the Bonadio name beginning December 1.

Senate Finance Committee chairman Max Baucus, D-Mont., unveiled a series of proposals Wednesday to combat tax fraud and make the tax-filing process simpler and more efficient.

Long-time Sage North America partner RKL eSolutions has effectively expanded its Sage 500 ERP practice, primarily by taking on former consultants, executives and product customers from Portland, Ore.-based Sage partner ISM.

Some big-dollar tax deductions that affect businesses are set to expire in 2013, so now’s the time to make sure your company considers taking advantage of them for the current tax year. Doing so may allow you to buy more equipment, send less to the IRS, or both.

At a hearing Monday before the IRS, a number of employer groups urged the agency to alleviate the burdens and costs to employers of health care coverage reporting under the Affordable Care Act by allowing for greater flexibility and simplification in the reporting requirements.

The Internal Revenue Service has issued a consumer alert about possible scams taking place in the wake of Typhoon Haiyan.

Senate Finance Committee chairman Max Baucus, D-Mont., has released the first in a series of discussion drafts for overhauling the Tax Code, with the first set of proposals focusing on international tax reform.

FinancialForce.com has acquired human capital management software maker Vana Workforce and supply chain management software business Less Software for an undisclosed amount.