Practice Management

The American Institute of CPAs has written a letter to Internal Revenue Service Commission Doug Shulman saying that new interim about how taxpayers must apply for Individual Taxpayer Identification Numbers for 2011 returns are burdensome and may prevent some taxpayers from getting the documentation they need to qualify for an ITIN.

The experience for new employees at the Internal Revenue Service is not always positive, even though the IRS has taken steps to improve the onboarding process, according to a new report.

If Shakespeare ever had a great Twitter writing tip, it would have to be, “Brevity is the soul of wit.”

The Sports, Arts and Entertainment Group of St. Louis accounting and business consulting firm Anders Minkler & Diehl and Festus, Mo.-based Barnes Sports Group have officially merged after a year of working together as affiliated entities.

The IRS has completed its six-city swing through America, with forums staged in Orlando, Atlanta, San Diego, Las Vegas, Chicago and New York.

The owner of a Long Island tax preparation service was sentenced to serve one year and one day of imprisonment for preparing false federal tax returns for her clients.

The American Institute of CPAs has written to Internal Revenue Service Commissioner Doug Shulman outlining its concerns with what it sees as a “widespread problem affecting numerous taxpayers”: erroneous letters from the IRS to taxpayers filing foreign trust forms.

Connecticut accounting firm Guilmartin, DiPiro & Sokolowski has merged in the practice of Rick Morin & Associates, adding a new partner and expanding the firm’s tax capabilities in the Middletown, Conn., market.

Accounting & Consulting Group has acquired the Roswell, N.M.-based accounting firm Andrews Smith Lowery & Co. for an undisclosed sum, expanding its agricultural client base.

The Internal Revenue Service has stepped up its efforts to investigate possible misconduct in the municipal bond sector, more than doubling the number of examinations it conducts per year.