Practice Management

The Internal Revenue Service has released guidance on issuing tax refunds to same-sex married couples in the wake of the Supreme Court’s decision striking down the Defense of Marriage Act.

The Internal Revenue Service is set to square off in court Tuesday against a trio of tax preparers who won a key ruling earlier this year invalidating the IRS’s efforts to impose mandatory testing and continuing education of Registered Tax Return Preparers.

Lois Lerner, the Internal Revenue Service official investigated by Congress over the agency’s scrutiny of Tea Party groups, has retired effective today, the agency said in a statement.

Contrary to its own guidelines, the Internal Revenue Service has not evaluated whether the goals of its streamlined corporate tax audit process are being achieved or if the process should be expanded, according to a new report by the Government Accountability Office.

BB&T Corp. lost a bid to recover at least $688 million in taxes and penalties as a federal judge ruled a series of transactions with Barclays Plc, aimed at generating tax credits, lacked economic substance.

Bloomberg BNA has released its annual projections of U.S. tax rates for 2014.

WTP Advisors has merged with the forensic accounting and litigation firm, Boucher Stickley Group.

The age-old issue of whether to deduct or capitalize just got a bit more clear.

Software partner veteran Terry Petrzelka explores the trend of CPAs moving, or considering the move into technology consulting, as well as why some top VARs have not yet expanded their offerings.

Top 30 CPA firm Carr, Riggs & Ingram has merged Gainer Donnelly, expanding their geographic reach with the local Houston CPA firm, which was one of Accounting Today’s 2013 Regional Leaders for the southwest.