Practice Management

The Internal Revenue Service is planning an 18 percent reduction in its audits of large businesses in the current fiscal year, according to a new report.

The Internal Revenue has not established effective processes to ensure that its Privacy Impact Assessments are completed in a timely way, and are updated and made publicly available, with privacy policies posted on public Web sites for all required systems and collections of information, according to a new government report.

Choosing my new running shoes was easy. Why? Helpful online insight, way beyond catalog details of size and price, guided me to the best decision. It showed the colors available, side-by-side price comparisons and helpful reviews from others— the perfect combination of status, context and impact.

The U.S. Senate confirmed Mary Jo White to lead the Securities and Exchange Commission, putting the former U.S. attorney in charge of an agency that has failed to satisfy critics with its response to the financial crisis.

The Internal Revenue Service has released a draft version of the form that financial institutions will use to register in accordance with the Foreign Account Tax Compliance Act, or FATCA.

The union representing Internal Revenue Service employees is warning that budget cuts will hamper IRS efforts to combat identity theft and assist taxpayers.

The leaders of Congress’s main tax-writing committees said they plan to ask for proposals from the public for tax reform ideas using social media in an effort to make the process more transparent.

PricewaterhouseCoopers has issued a report outlining how organizations can strengthen their risk management techniques.

Actor Wesley Snipes has been released from prison after serving nearly two and a half years in prison for failing to file tax returns.

For many attorneys, retaining the services of forensic accountants has become an integral part of resolving their clients’ legal disputes, either before or during litigation.