Practice Management

Senators Robert Menendez, D-N.J. and Pat Toomey, R-Pa., have introduced bipartisan legislation to help entrepreneurs start and grow a small business and comply with complex tax rules.

Intuit is now offering to connect small business users working in the new QuickBooks Online with a certified QuickBooks Online ProAdvisor from within the product.

A new report from the Government Accountability Office examines corporate tax deferral, highlighting the distortionary impact on the economy.

When it comes to working with entrepreneurs, there’s no hard and fast rule on how to best meet their needs.

The Internal Revenue Service expanded nationwide on Wednesday the rollout of its streamlined Fast Track Settlement program, which aims to help small businesses under audit settle their differences with the IRS over their tax debts more quickly.

A bipartisan bill has been introduced in the Senate with the goal of simplifying income tax collections for taxpayers who work in multiple states.

A pair of senators have introduced bipartisan legislation that would rescind tax write-offs for illegal corporate behavior in an effort to hold corporate wrongdoers accountable.

Rep. Dave Camp, R-Mich., chairman of the tax-writing House Ways and Means Committee, has written a letter to Internal Revenue Service acting commissioner Danny Werfel urging the IRS to disclose all the information it has available to date on the eligibility determinations it has made for individuals who have applied for premium tax credits in the health insurance exchanges that went online last month under the Affordable Care Act.

The Internal Revenue Service does not always identify potentially mistaken claims for General Business Credits when processing tax returns, according to a new government report that found unsupported claims for the credits totaling $1.3 billion for 2011.

McGladrey LLP has signed a definitive agreement to acquire substantially all the assets of Houston-based Margolis, Phipps & Wright PC.