Practice Management

The Internal Revenue Service needs to take additional steps to improve security at some of its facilities, according to a new report that found an increase in threats to IRS employees in recent years.

U.S. and French officials signed an intergovernmental agreement Thursday to advance the implementation of the Foreign Accounting Tax Compliance Act.

The head of the Internal Revenue Service’s small business unit said his division expects to move from focusing on audits of small corporations to partnerships.

The Internal Revenue Service has admitted to mistakenly assessing penalties on businesses that had requested extensions on filing the Form 5500 for their employee retirement plans.

Rich Stovsky, U.S. Private Company Services Leader at PricewaterhouseCoopers, discusses some of the main global trends that accounting firms should advise their private company clients to consider to help them build their businesses, in an interview with AccountingToday.com editor-in-chief Michael Cohn.

Accounting firms could find value in managing their clients online funding campaigns, according to Xcentric's vice president of marketing Roy Keely.

The Internal Revenue Service has released nearly 3,000 pages of training materials used by the Internal Revenue Service’s Exempt Organizations unit in making determinations of whether to grant tax-exempt status to organizations, in response to a lawsuit from the nonprofit publisher Tax Analysts.

A Kentucky circuit court judge has ruled that Grant Thornton is liable for more than $100 million in damages to be paid to a business owner and his family after he was sold an offshore tax shelter that the Internal Revenue Service considered abusive.

A unit set up by the Internal Revenue Service to improve international tax compliance by individuals is paying off, according to a new government report, enabling IRS auditors to assess an additional $36 million in taxes for fiscal years 2011 to 2013.

Thomson Reuters has released a Web-based analytical tool to help tax practitioners and employee benefits professionals make decisions about the Affordable Care Act for their clients and companies.