Practice Management

The top Senate tax writer predicted Democrats in the chamber will back President Barack Obama’s latest push to extend part of the Bush-era tax cuts, calling talk of Democratic dissension “background noise.”

A former Internal Revenue Service employee has been indicted and arrested for allegedly stealing a taxpayer’s identity.

Ernst & Young’s U.S. Transaction Advisory Services practice has acquired Jeffrey A. Parker & Associates Inc., a Philadelphia-based financial advisory firm that focuses on infrastructure.

Thomson Reuters said Tuesday that it plans to offer a number of tax and accounting reference handbooks for its Thomson Reuters ProView e-reader software.

Accounting and consulting firm MFR said Tuesday that it is merging R&M Global Advisors into its MFR Solutions consulting team, building the Houston-based firm’s international and Latin American reach.

Tascet has released technology that it said tax preparers can use to prevent multiple filings of tax returns by fraudsters.

The Internal Revenue Service is disputing a recent report that its agents have been told to ignore signs of fraudulent use of Individual Taxpayer Identification Numbers.

President Barack Obama pushed for a one-year extension of the current tax rates, but only for taxpayers making under $250,000 a year.

The Internal Revenue Service reminded taxpayers and tax preparers Monday that it is now offering more flexible terms for its offer-in-compromise program as part of its expanded Fresh Start initiative.

The decision of the Supreme Court on the constitutionality of the Patient Protection and Affordable Care Act is not going to make our conversations with our clients any simpler, even if it resolves some of the overall economic uncertainty that has made these conversations so difficult of late.