Practice Management

Corporations are setting aside more money in their reserves for uncertain tax positions than they are actually paying to the federal government, according to a new study.

The Internal Revenue Service has begun previewing a set of draft forms to help taxpayers and banks comply with the Foreign Account Tax Compliance Act.

Bradley Birkenfeld, the former UBS AG banker who told the Internal Revenue Service how the bank helped thousands of Americans evade taxes, secured an IRS award of $104 million, an amount his lawyers said may be the largest ever for an individual U.S. whistleblower.

A federal judge in Worcester, Mass., has sentenced William Scott Dion of Sanbornville, N.H., to 84 months in prison for conspiring to defraud the United States and for obstructing the IRS.

The Facebook farewell message of departing IRS Return Preparer Office director David Williams has prompted a number of good wishes and gratitude for his work.

Nearly half of CFOs don’t anticipate the one-time costs of going public, according to a new survey by PricewaterhouseCoopers.

Financial Executives International has begun scoring members of Congress on how well their votes match FEI’s legislative priorities.

The Internal Revenue Service does not yet have enough information to determine whether its self-assistance and virtual services are providing efficient and effective customer service to taxpayers.

Cloud-based financial planning and reporting technology provider Adaptive Planning has purchased SaaS data visualization tool maker myDials, effectively enhancing the company’s business intelligence capabilities.

Kreinik & Co. and Fiorita Kornhaas & Co. becomes one.