Practice Management

The RTRP program could serve as the base of a new voluntary credential.

World leaders at the G8 Summit meeting in Lough Erne, Northern Ireland, issued a declaration Tuesday calling for countries to share tax information and increase transparency to discourage tax evasion, and President Obama released an action plan for identifying actual company ownership.

Members of Generation X are having the most difficulty meeting their household expenses and dealing with other financial obligations, according to a new study by PricewaterhouseCoopers.

Congressman Chaka Fattah, D-Pa., a senior member of the House Appropriations Committee, has introduced legislation that would direct the Treasury Department to issue a legislative proposal to Congress concerning the viability of replacing the current income tax with a consumption tax.

Sikich LLP has signed a letter of intent to merge with Brookfield, Wis.-based public accounting and consulting firm Kolb+Co.

Competition is mounting for accountants from similar service providers that are cannibalizing key clients.

In honor of Small Business Week, the IRS is offering two webinars for small-business owners.

The Internal Revenue Service plans to develop more guidance and training materials to inform taxpayers and tax preparers of the tax compliance risks associated with using virtual currencies like Bitcoin and “Linden dollars.”

A modest array of product announcements and partnerships came through last week yet did little to overshadow the larger, tech-related themes of interest to accounting and consulting professionals coming out of the 2013 AICPA Practitioners Symposium and TECH+ Conference.

The International Consortium of Investigative Journalists created a database of users of international tax havens over the weekend, and the group reported Monday that database received 2 million page views in its first 24 hours of operation.