Practice Management

The Internal Revenue Service is not adequately managing its software licenses and not adhering to federal requirements and industry best practices for software used on desktop and laptop computers, according to a new government report.

The ranking Democrat on the tax-writing House Ways and Means Committee ranking member, Sander Levin, D-Mich., released new information Tuesday from the Internal Revenue Service to provide further evidence that progressive groups were singled out for scrutiny as were conservative groups.

The leaders of Congress’s two main tax committees met with taxpayers and businesses in Silicon Valley on Tuesday to elicit feedback on various tax reform proposals.

Ahead of an expected showdown in Congress over budget and tax issues after lawmakers return from their August recess, groups in 16 states are holding 28 events this week to demand that Congress end corporate tax breaks to avoid deeper cuts to spending programs.

In some cases, rather than renting space, a business owner may purchase the buildings in which they operate their companies.

The Internal Revenue Service has opened its new online registration system for financial institutions that need to register with the IRS under the Foreign Account Tax Compliance Act.

The Internal Revenue Service has introduced the IRS Understanding Taxes program, a free online tool designed for classroom use by teachers.

Crowe Horwath LLP has formed a strategic partnership with Chan Healthcare.

Top 10 Firm BDO USA LLP has expanded its presence in San Antonio by bringing on three partners and 25 staff from Regional Leader TravisWolff.

Sageworks said Monday that it will be offering its database of industry statistics on privately held companies for free to all U.S. accounting firms.