Practice Management

Switzerland proposed a bill that it says will provide the legal basis for the country’s banks, including Credit Suisse Group AG and Julius Baer Group Ltd., to resolve a tax-evasion dispute with the U.S.

CapinCrouse LLP, which primarily provides services to not-for-profit clients, has expanded its practice with the addition of New York-based Lambrides, Lamos, Taylor CPAs LLP. The combination is expected to take effect on June 1, 2013.

The Internal Revenue Service has appointed David Fisher, chief financial officer of the Government Accountability Office, as a senior executive to help the tax agency recover from the controversy over its scrutiny of small-government groups.

Finance executives are bouncing back from the recession with a new focus on business expansion with the help of technology such as mobile devices, according to a new report.

Peterson Sullivan LLP has agreed to merge in Clothier & Head PS into its practice. The merger is expected to go into effect on July 1, 2013.

Speaking about the Internal Revenue Service’s alleged targeting of conservative political groups, House Speaker John Boehner, R-Ohio, said, “My question isn’t about who’s going to resign. My question is who is going to jail?”

A group of tax practitioners, a former IRS agent and the nonprofit Tax Foundation have filed an amicus brief in support of a trio of tax preparers who successfully filed suit against the Internal Revenue Service to stop its program for mandatory testing and continuing education of Registered Tax Return Preparers.

The European Council of Ministers has agreed to take steps to combat the use of corporate tax strategies that shift profits to low-tax countries to avoid paying taxes.

An Internal Revenue Service employee has been charged with embezzling government funds for using a government-issued purchase card to go on a shopping spree at Amazon.com.

The Internal Revenue Service, currently under fire in Congress for its screening of applications for tax exempt status by conservative groups, could also use some improvement in the way it conducts examinations of individual tax returns, according to a new government report.