Practice Management

The American Institute of CPAs has written to the Internal Revenue Service expressing its concerns about delays in issuing crucial tax forms.

There is no doubt that the current U.S. Tax Code needs to be seriously reformed. It has grown to become a convoluted mess.

A New Jersey tax preparer has been arraigned for allegedly preparing false tax returns designed to bring larger tax refunds for her clients.

A former Internal Revenue Service revenue agent has pleaded guilty to theft of public funds after she was discovered to have inflated the amount of time and travel she spent on cases.

A California man agreed to plead guilty to conspiring with people at Bank Leumi Le-Israel Ltd. and another Israeli bank to hide offshore accounts and income from the Internal Revenue Service, according to U.S. Justice Department court filings and a person familiar with the matter.

In a pair of transactions, the Sage Group said Friday it has sold off its Nonprofit Solutions software unit to the private equity firm Accel-KKR, and its ACT! contact management software and SalesLogix sales automation software to Swiftpage, a digital marketing services provider.

Representatives of various charities and nonprofits presented a case for preserving charitable deductions in the Tax Code in a hearing before the House Ways and Means Committee, arguing that imposing a cap on such deductions would cause many of them to cut back services at a time of critical demand.

Last time I played the slots, I lost a small sum of money. But for several accountants and tax lawyers, playing with slots could have cost them significant fines and incarceration.

The Internal Revenue Service posted an alert on its Web site Thursday to tell taxpayers and the tax community that it is experiencing high traffic on “Where's My Refund?” as more tax returns arrive.

Succession planning survey, Mengel Metzger tapped to write the Charter School Audit Guide for New York State Education Department and more…