Practice Management

The Internal Revenue Service could not provide documentation for $394,430 of the invoiced labor hours paid on an estimated $1 million in labor charges, according to a new report.

Fruci & Associates has agreed to acquire MartinelliMick PLLC of Spokane, Wash.

The Internal Revenue Service has delayed the timelines for withholding agents and foreign banks to complete the due diligence requirements of the Foreign Account Tax Compliance Act.

With the holiday season right around the corner, many small business owners are planning for the busiest time of the year, and it’s the perfect time for them to appreciate their current customers while gaining new ones.

Some IRS employees are closing delinquent taxpayer accounts without following the proper procedures and without managerial approval, according to a new government report.

A New York strip club can’t claim a tax exemption on entrance and performance fees on the grounds that it presents “musical arts performances,” the state’s highest court ruled.

BDO USA LLP announced that it is expanding its Philadelphia presence with the addition of Asher & Co. Ltd, for an undisclosed amount.

Microsoft Dynamics and Intacct partner Brittenford Systems has released a new whitepaper to address the growing trend of outsourcing all or portions of the chief information officer function in small to midsize businesses given the growing complexity of information technology.

Cost-of-living adjustments have changed many dollar limitations for pension plans and other retirement-related items for tax year 2013.

A new report from the Treasury Inspector General For Tax Administration has found that evidence was sometimes not available to support increasing IRS assessments against business taxpayers that have not filed required returns.