Practice Management

Guests at the Meet the Editors dinner at Keens Steakhouse in New York give their assessments of the many opportunities available to accountants for growing their practices. Interviewees include Craig Walker of Xero, Kerri Gibson of CCH Small Firm Services, LeeAnn McNeill of ADP Small Business Services, Scott Fleszar of the Tax & Accounting business of Thomson Reuters and Dave Clarke of Kashoo.

A pair of lawmakers have introduced a bipartisan bill in the House that would provide relief to nonprofits, such as the Girl Scouts, which now have higher pension funding rules than taxable, for-profit companies.

Lois Lerner, the mid-level Internal Revenue Service official at the center of the controversy over scrutiny of small-government groups seeking tax-exempt status, is being replaced on an acting basis, the IRS said today.

The American Institute of CPAs has expressed its support for the Digital Accountability and Transparency Act, which would establish government-wide financial data standards for federal funds.

What do the Senate hearings on offshore profit shifting and a Supreme Court case decided on May 20, 2013 have in common? They both are generated by our system of taxing U.S. companies on their worldwide income, and they both are the result of the companies meeting their obligations to their shareholders, which is to legally minimize the amount of taxes they pay.

A pair of senators have introduced a bipartisan bill that would suspend federal employees if they willfully neglect to pay their taxes.

The Internal Revenue Service issued a reminder Thursday to U.S. citizens and resident aliens, in addition to dual citizens, that their tax-filing deadline is approaching.

The first round of congressional hearings on the Internal Revenue Service’s scrutiny of small-government groups didn’t reveal the people who started that practice or provide clearer answers on why they did it.

A pair of lawmakers have introduced legislation to end a tax break that favors foreign-controlled insurers over U.S. insurers.

A post-implementation review of the Financial Accounting Standards Board’s business combinations standard found lingering questions in the minds of some investors, particularly about fair value, despite improvements in the usefulness of the information.