Practice Management

Spring is a time of optimism, so it’s a great time for accounting firms to look for fresh opportunities to grow the business. Here are five ways accounting firms can “fertilize” their existing efforts in order to jumpstart their business and grow deeper, stronger roots with clients.

The American Institute of CPAs has written to the Internal Revenue Service agreeing with the IRS’s proposed guidance governing how to report the cancellation of debt, but suggesting some changes as well.

Management consultant and veteran VAR Terry Petrzelka answers some key questions on how today’s VARs differ from even just a few years ago and how they can and need to progress to remain in business.

More than a third of U.S. adults expect to spend their tax refunds this year on meeting everyday expenses, according to a new survey by the American Institute of CPAs, as the expiration of the payroll tax cut takes a bite out of workers’ take-home pay.

When you need something done right -- whether it’s legal, medical or even automotive -- everyone knows that a specialist is better than a generalist.

With less than two weeks to go in tax season, the IRS has unveiled six key points about self-employment and self-employment taxes

The IRS wants nominations for its Information Reporting Program Advisory Committee, a federal advisory panel that advises the IRS on tax administration issues, and that presents an annual report to the IRS commissioner in the fall.

A recent court decision ruled that a CPA’s failure to file and pay his taxes couldn’t be used against him in an unrelated tax shelter case.

Tax Freedom Day -- the day when Americans will have earned enough to pay their total tax bill for the year -- won’t occur until April 18 this year, five days later than last year, according to the nonprofit think tank that compiles it. And American taxpayers will spend more in taxes in 2013 than they will on food, clothing, and housing combined.

Accounting firm REDW, one of the Top 10 Regional Leaders in the Southwest, has joined forces with Phoenix-based RCG Plan Administration LLC, a third-party administrator and record-keeper for small and midsized business and native American retirement plans.