Practice Management

Jackson Hewitt Tax Service has unveiled a mid-year list of top areas taxpayers should be considering or have pointed out to then by preparers to help put them in a better position when filing their tax returns next April.

Joe Adams, managing partner and CEO of McGladrey, expects the firm to expand more in the Western part of the U.S. and into technology consulting areas such as cloud computing.

Joe Rotella, chief technical officer of Delphia Consulting, talks with Accounting Today senior editor Danielle Lee about how to measure the worth of an accounting firm's Web site.

The Internal Revenue Service has issued proposed amendments to the utility allowance regulations concerning the low income housing tax credit in Code Section 42.

The House has approved legislation to increase the criminal penalties against identity thieves who steal taxpayer information to file fraudulent returns.

Republicans, including Senator Lindsey Graham, accused Senate Majority Leader Harry Reid of lying by saying Mitt Romney hasn’t paid taxes for 10 years.

Newly introduced legislation would cut business taxes by more than half for companies that manufacture patented products in the U.S.

A New Jersey tax preparer faces prison time and $250,000 in fines for intentionally filing false tax returns for her clients

Approximately 7,000 Medicaid providers in three selected states—Florida, New York, and Texas—had an estimated $791 million in unpaid federal taxes from 2009 or earlier, but nonetheless received about $6.6 billion in Medicaid reimbursements that year, according to a new study by the Government Accountability Office.

The owner of a California medical marijuana dispensary was found to have underreported income. Moreover, he was precluded from deducting most of the expenses he claimed because the business consisted of trafficking in controlled substances.