Practice Management

Returning from a long holiday weekend has not yielded much in the news department, so I would like to take the time to give my take on the use of so-called ERP review sites versus shared, real-life experiences.

H&R Block has introduced a remote service for U.S. citizens living abroad that will help them meet their often confusing tax-filing obligations.

Technology consulting firm Softwarefit has released a new comparison white paper on what it deems to be the top ERP software vendors on the market today, outlining their history, services, features and functionality.

CCH president and CEO Karen Abramson discusses how accountants are growing their firms as they and their clients recover from the economic downturn, and how they are dealing with changing regulations and IFRS, as well as mobile technology, in an interview with Accounting Today editor-in-chief Daniel Hood.

If the number of congressional hearings on tax reform this year is an indication of the potential for passage, it seems possible that something may actually be in the works.

The Internal Revenue Service does not have enough data to identify who claims a tax expenditure and how much they claim, for nearly half the dollar value of all tax expenditures, or $492 billion out of $1 trillion, according to a new report by the Government Accountability Office.

The enhancements that the Internal Revenue Service is making to its Modenized e-File computer system promise to improve the system’s reliability and reduce delays in processing tax returns next filing season, according to a new report.

An advocacy group has filed a lawsuit in a Washington, D.C., federal court on behalf of 25 Tea Party and conservative organizations against the Internal Revenue Service and top IRS officials, in addition to the U.S. Attorney General and Treasury Secretary, and Internal Revenue Service, arguing that the Obama administration overstepped its authority in subjecting applications for tax-exempt status from Tea Party groups to extra scrutiny.

A new report from the Congressional Budget Office found that the top 10 tax expenditures are distributed unevenly across the income scale, with much of the benefit going to the top-earning 1 percent of the population.

With the start of this year’s hurricane season, the Internal Revenue Service is encouraging individuals and businesses to protect themselves in the event of a natural disaster by taking a few simple steps.