Practice Management

President Barack Obama’s re-election campaign stepped up its attacks on Republican rival Mitt Romney’s tax history with a new negative ad highlighting Romney’s tenure as head of the audit committee of Marriott International during a period when the committee used a tax shelter that has since been ruled illegal.

A federal court in Central Islip, N.Y., has permanently barred a tax preparer who allegedly claimed improper Indian Employment Tax Credits for her clients.

Every year, it seems that the tax profession is faced with year-end legislation, late forms and radical changes that add to the complexity and headache of preparing a return. Despite all of the above, most practitioners realize that it’s the complexity and confusion that drives new clients their way.

CCH has upgraded its CCH Mobile app to enable CCH IntelliConnect users to access, save and send tax research using Apple iPhone, iPad and Android devices.

Half a dozen accounting firms have been selected to help oversee compliance by the five banks that agreed to a mammoth national mortgage settlement.

Detroit-area firms Croskey Lanni and Hirzel Jackson & Swaine are combining forces.

Long Island-based accounting firm Fuoco Group has merged in AIB Forensics to create a new forensics division and expand the firm’s footprint beyond the Northeast.

I am frequently asked about the pros and cons of writing original content for blog posts and newsletter articles mainly, as opposed to purchasing canned articles from a content farm.

The Justice Department has asked a federal court in Chicago to bar Bruce E. Grant and his business, Quick Check Limited, from preparing tax returns.

Complaints from Internal Revenue Service employees that supervisors urged them to ignore potential fraud in a program that reviews and verifies applications for Individual Taxpayer Identification Numbers have been validated in a new report.