Practice Management

A Bronx tax preparer has been charged with 46 counts for filing tax returns with the Internal Revenue Service and New York State that contained more than $7 million in fraudulent tax deductions and credits, resulting in over $2.5 million in fraudulent tax refunds.

A New Jersey woman who owned a tax preparation business was sentenced to 18 months in prison for filing false tax returns on behalf of her clients and herself, resulting in a tax loss of nearly $200,000.

Grant Thornton is offer some year-end tax planning tips for both individuals and businesses, and their accountants, facing the expiration of the Bush tax cuts.

BDO USA CEO Wayne Berson talks with Accounting Today editor-in-chief Daniel Hood about the firm's two recent mergers with Argy, Wiltse & Robinson and Asher & Co., and the firm's future plans for expansion.

The Internal Revenue Service has raised the standard mileage rates by 1 cent per mile for next year when calculating the deductible costs of operating an automobile for business, charitable, medical or moving purposes.

InOrder ERP software developer Morse Data Corp. has published a new white paper designed to give readers an in-depth overview of how to successfully manage a months- or year-long ERP software implementation.

The IRS has released preliminary information regarding further changes to the repair regulations.

South Carolina Governor Nikki Haley released a report from a security company on a data breach at the South Carolina Department of Revenue that exposed the tax information of millions of taxpayers in the state to foreign computer hackers, while asking the IRS to take further steps to encrypt taxpayer information.

The IRS has extended until December 7 the diesel fuel penalty waiver for New Jersey and parts of New York.