Practice Management

Referrals and word of mouth remain the strongest marketing tool for tax preparers and other professionals, and as the 2013 tax season looms, here are some valuable tips for preparers to use referrals in their practice.

While improvements have been made in the Internal Revenue Service’s information technology systems over the past year, the IRS still needs to do more to protect sensitive financial and taxpayer data and deliver new systems, according to a new report.

The Internal Revenue Service has released interim guidance and final regulations on the medical device excise tax that was included as part of the Affordable Care Act.

Seattle-based Top 15 Firm Moss Adams LLP has announced that it will merge with Silicon Valley-based Top 100 Firm Mohler, Nixon & Williams, boosting their combined presence in Northern California. The deal has been approved by partners at both firms, and is due to go into effect on Jan. 1, 2013.

John Karaffa had the right stats to found ProSport CPA five years ago, an accounting firm that serves professional athletes, as both an athlete and one that played abroad, like many of his clients.

Witt Mares PLC and PBGH LLP have agreed to merge. The deal is expected to take effect on Jan. 1, 2013.

Patrick & Robinson recently acquired the Jacksonville, Fla.-based CPA practice, Petherbridge, Davis & Co. The deal closed in mid-November.

The Minnesota Board on Judicial Standards has made a formal complaint against the state tax court’s chief judge, George Perez.

The so-called fiscal cliff has politicians in Washington performing the political equivalent of a soap opera as they leave the country in suspense about whether they will manage to resolve a self-inflicted crisis in time to avoid a recession next year.

The Internal Revenue Service has issued proposed regulations on the 0.9 percent Additional Medicare Tax for upper-income taxpayers scheduled to take effect next year as a result of the Affordable Care Act.