Practice Management

The U.S. Supreme Court will use a case involving billionaire Billy Joe “Red” McCombs to decide whether the federal government can impose hundreds of millions of dollars in penalties for the use of abusive tax shelters.

Zoho has released upgrades to its Web and mobile Zoho CRM product which include BCC Dropbox, an automatic BCC feature, and integration of MailMagnet, an email filtering function for mobile devices.

The Treasury Inspector General for Tax Administration said that a new cooperative effort between the IRS and business taxpayers to conduct real-time audits is receiving positive feedback.

While its figures for the overall season were flat, Intuit reported today that from January 30 through March 16, sales of TurboTax Online units increased 29 percent versus the comparable prior-year period, and that total TurboTax federal units were up 26 percent in the same span.

The Internal Revenue Service has released its annual “Dirty Dozen” list of tax scams, advising taxpayers to be aware of identity theft, phishing scams and several other red flags that can cause financial mayhem.

During the recent Microsoft Convergence 2013 user and partner event we caught up with Jim Bowman, president and chief executive of SBS Group and inquired about their status as a top reseller, Master VAR and the state of the reseller partner profession in general.

The Internal Revenue Service has stepped up its examinations in the past year of taxpayers with high adjusted gross incomes, according to newly released IRS figures.

Decosimo has acquired the Huntsville, Ala.-based cost accounting and federal compliance solutions group Solvability.

BlumShapiro has partnered with corporate performance management(CPM) software provider Tagetik to make CPM support services available to their client base across the United States.

The U.S. has asked Liechtenstein to hand over data on foundations that may have been used to hide untaxed American money from the Internal Revenue Service, a step that may threaten Swiss banks.