Practice Management

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.

Prenuptial agreements are essential in many situations, but it is always awkward for one of the blissfully in love parties to bring it up. Prenups consider the possible failure of the happiest thing in the two people’s lives.

KPMG is predicting a dozen key tax issues that will be confronting businesses next year, including the taxation of cloud-related activities, base erosion and profit shifting in multinational corporations, and the far-reaching consequences of the Foreign Account Tax Compliance Act.

The owner of a New Jersey tax preparation business has pleaded guilty to charges of preparing fraudulent tax returns for his clients.

Raoul Weil, the former head of UBS AG’s global wealth management business accused of conspiring to help Americans evade taxes, may help U.S. prosecutors rather than go to trial, according to lawyers following the case.

As 2013 recedes in the rearview mirror, it is understandable that tax professionals look to the road ahead regarding taxes and Washington.

John Koskinen, a 74-year-old multimillionaire with a resume full of accomplishments, is about to get the thankless career-capping job of running the IRS after the Senate Finance Committee approved his nomination Friday.

Robert A. Rizzo, who for years was the top administrator in the City of Bell and who became a symbol of municipal corruption, has agreed to plead guilty to federal charges in a scheme that resulted in hundreds of thousands of dollars in unpaid federal income tax.